90 Sullivan St Wurtsboro, NY 12790

This exceptional mixed-use property in Wurtsboro, NY, presents a lucrative investment opportunity. Located at 90 Sullivan Street, this 7,076 square foot building sits on a 0.53-acre lot and offers a compelling blend of commercial and residential income streams. The property includes a fully renovated restaurant, complete with updated equipment, bathrooms, a commercial kitchen, bar, tables, flooring, an outdoor dining area, signage, and cable wiring. Seven newly renovated one-bedroom apartments provide additional rental income. Each apartment features metered electric utilities, new bathrooms, new kitchens, and new appliances. The current occupancy rate allows for a 7.2% capitalization rate on all existing rented units. This figure excludes potential income from a separate storage rental business, which, when fully rented, generates an additional $25,200 annually. This turnkey operation offers a diversified income portfolio with significant potential for growth and strong returns. The property's prime location and high-quality renovations make it an attractive investment for discerning buyers seeking a stable and profitable venture. The combination of a thriving restaurant and consistently rented apartments provides a resilient and diversified income stream. This is a rare opportunity to acquire a fully operational, high-performing mixed-use property in a desirable location.