For Sale
$2,987,500

29-31 Main StWarwick, NY 10990

Prime Warwick location, fully occupied, turnkey.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully occupied, renovated retail property situated on a prominent 11,000-acre lot at 29-31 Main St, Warwick, NY 10990. The property boasts two completely renovated storefronts, each featuring brand new mechanicals, basements, trim, glass, paint, and doors. Extensive renovations include a new glass ceiling atrium, a resurfaced roof, and three full floors of renovated common areas with new flooring. Six apartments have also undergone complete renovations, down to the studs. All tenants are under long-term leases, ensuring a stable income stream and minimal maintenance requirements for the new owner. This turnkey investment is located on a busy intersection with convenient access to metered and public parking. The property's prime location across from Railroad Green Park, a vibrant hub for community events like summer concerts, Applefest, and art festivals, further enhances its appeal. Warwick itself is a thriving community offering a diverse range of shops, restaurants, cafes, wineries, and other attractions. This is a rare chance to acquire a high-performing, low-maintenance retail property in a desirable New York location. The asking price is $2,987,500.

Highlights

  • Asking Price: $2,987,500
  • Property Type: Retail and Land, totaling 11,000 acres, located at 29-31 Main St, Warwick, NY 10990
  • Fully occupied, renovated retail property with long-term leases and zero maintenance required.
  • Features two brand-new storefronts, new mechanicals, basements, rear deck railings, a glass ceiling atrium, and a resurfaced roof.
  • Prime location on a busy intersection with ample parking near Railroad Green Park, in a vibrant community with numerous amenities.

Property Details for 29-31 Main St

Property type
Retail properties, Land
Lot Size (sq. ft)
479,160,000 SF

Location Insight

City
Warwick
County
Orange
State
New York
Latitude
41.2569758
Longitude
-74.3599845
29-31 Main St, Warwick, New York

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29-31 Main St
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