50 N Main Street, Spring Valley, NY 10977

$1,095,000

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List Price
$1,095,000
Status
ACTIVE
Days on Market
23
MLS#
1022494
Subtype
Commercial Sale
Year Built
1970
Lot Size
6,185
Acres
0.14
Neighborhood
Spring Valley
Building Name
Mixed-use development

Property Description

Prime Mixed-Use Investment & Development Opportunity – Spring Valley Excellent mixed-use investment featuring approximately 2,522 SF on a 6,098 SF lot in a high-visibility location with road frontage, a storefront window, on-site parking, and easy access to major roadways. Unit 1: Leased at $4,600/month with excellent storefront exposure. Unit 2: Legal commercial kitchen, leased at $5,000/month The property also presents an outstanding development opportunity, with the potential to redevelop the site into a 3-story residential building, similar to the neighboring property (subject to approvals). An exceptional opportunity to generate strong cash flow today while capitalizing on future development potential.

Additional Information

Taxes
$14,487
Flooring
Carpet, Tile
Appliances
Convection Oven, Exhaust Fan, Freezer, Refrigerator
Heating
Other
Air Conditioning
None
Stories
2
Foundation
Concrete Perimeter
Parking
Parking Lot
Parking Features
Parking Lot
School District
East Ramapo (Spring Valley)
Elementary School
Elmwood Elementary School
Middle School
Chestnut Ridge Middle School
High School
Spring Valley High School
View
Neighborhood

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Aaron Gestetner (ag@exitrv.com) from Listing Office: MS Realty Group USA, Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.