58 Genesee StGreene, NY 13778

This exceptional investment opportunity presents a 6,080 square foot retail building situated on Genesee Street (State Highway 206) in the heart of Greene, NY. Currently leased to Walgreens under a 10-year lease, this property offers significant rental income potential. The building, renovated in the late 1960s, boasts a solid concrete basement floor and walls, providing a durable and stable foundation. The main retail space encompasses approximately 2,500 square feet, including a break room, ample storage, and restrooms. A new rubber roof was installed in 2021, ensuring long-term weather protection. Heating is provided by an oil-forced air furnace on the ground floor, while the second floor utilizes all-electric heat supplied by the cost-effective Greene Municipal electric company. The second floor presents additional rental income potential, currently undeveloped. The building's prime location on State Highway 206, a major thoroughfare connecting Interstate 81 and Interstate 88, ensures high visibility and accessibility. Greene's strategic position between Greater Binghamton and Norwich, and the presence of the Raymond Corporation, contribute to a strong local economy and a stable tenant base. This property is a rare find, offering a blend of secure income and future development possibilities. The asking price is $160,000.