For Sale
$920,000

2352 State Route 66 Ghent, NY 12075

Post Office & Income-Producing Buildings

Overview

Added:
Feb 3
Days on market:
80
This exceptional investment opportunity in Ghent, NY, presents a rare chance to acquire a multi-building commercial property spanning 2.8 acres. The centerpiece is a substantial building currently leased to the United States Post Office under a long-term agreement, providing stable and predictable income. A second building, a historically significant brick structure, is also leased, generating additional rental revenue until October 2025. The property boasts a total of 5,089 square feet of space, offering significant potential for future growth and expansion. A third building, currently used for storage, presents a unique opportunity for redevelopment and the addition of another business. The property's current financial performance is impressive, with a gross annual income exceeding $93,000 and operating expenses totaling $20,167.69. This translates to a strong return on investment, further enhanced by the security and stability of a long-term US Government tenant. The location in the hamlet of Ghent provides convenient access to local amenities and transportation routes. This is a truly unique opportunity for discerning investors seeking a secure and profitable commercial real estate investment. The combination of a reliable government tenant, existing income streams, and the potential for future development makes this property a compelling investment prospect.

Property Details for 2352 State Route 66

Property type
Commercial real estate
Square Feet
5,089 SF
Year Built
1940
Lot Size (sq. ft)
121,968 SF

Location Insight

City
Ghent
County
Columbia
State
New York
Latitude
42.33169
Longitude
-73.61284

FAQs

What type of property is this?
Commercial real estate - Post Office & Income-Producing Buildings
Where is the commercial real estate located?
The property is located at 2352 State Route 66 Ghent, NY.
What is the asking price?
The asking price for this property is $920,000.
How can I contact the broker?
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2352 State Route 66
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