10 Wallace St Otisville, NY 10963

This exceptional investment opportunity presents a profitable, established hardware store and accompanying buildings in the thriving village of Otisville, New York. The property encompasses a total of 9,696 square feet, distributed across two buildings. The main store, boasting 7,296 square feet, currently operates as Otisville Hardware, a successful business featuring franchises with True Value, Do it Best, and Benjamin Moore. An adjacent 2,400-square-foot metal-skinned warehouse provides ample storage and expansion potential. The property sits on a 0.231-acre lot and is zoned C-1. A significant advantage is the inclusion of a fully paid-for solar array installed on the roof, valued at $110,000, covering all electrical needs. The asking price for this turnkey operation is $799,000, or $199,750 per unit. Financial details are available upon request. The seller is open to a 1-2 year leaseback to facilitate a smooth transition. Note that inventory and existing franchises are not included in the sale. A separate, income-producing two-family residential property at 5 Wallace Street is available for purchase separately. This presents a rare opportunity for both business ownership and long-term real estate investment in a growing area of Orange County. The property's address is 10 Wallace Street, Otisville, NY 10963. The APN is 334401.104.000-0002-005.200/0000.