For Sale
$799,000

12 Church St Goshen, NY 10924

Prime Location, Mixed-Use Investment

Overview

Added:
Feb 3
Days on market:
80
This exceptional mixed-use building is ideally situated in the heart of Goshen, NY. The property boasts a prime commercial space on the first floor, currently partially occupied by a thriving small grocery store, with additional vacant commercial space offering significant upside potential. The upper two floors provide two residential rental units, each presenting a strong rental income stream. Past tenants have included a diverse range of businesses, demonstrating the versatility and appeal of this location. The building's potential is undeniable, given its central location and the possibility of leasing the vacant commercial spaces. Projected annual rental income is substantial, with estimates of $1,800 per residential apartment and varying commercial rental rates ranging from $1,000 to $2,000 per unit. This translates to a significant return on investment. The property is offered at $799,000. Annual expenses, encompassing taxes, water, sewer, snow removal, and lawn maintenance, are approximately $28,000. This presents a compelling opportunity for an investor seeking a strong cash flow property in a desirable location. The building's history of successful occupancy across various business types underscores its adaptability and enduring appeal. The vacant spaces offer a blank canvas for a savvy investor to tailor the property to their vision and maximize its income potential. This is a rare opportunity to acquire a well-located, mixed-use property with immediate income generation and significant long-term growth prospects.

Property Details for 12 Church St

Property type
Office properties
Year Built
1910

Location Insight

City
Goshen
County
Orange
State
New York
Latitude
41.4025
Longitude
-74.32424

FAQs

What type of property is this?
Office property - Prime Location, Mixed-Use Investment
Where is the office property located?
The property is located at 12 Church St Goshen, NY.
What is the asking price?
The asking price for this property is $799,000.
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12 Church St
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