10 Wallace St - Freestanding FOR SALE


Otisville, NY 10963
$799,000 USD
845-344-7170
10 Wallace St, Otisville, NY for Sale
$799,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

10 Wallace St
Otisville, NY 10963


HIGHLIGHTS

  • Additional Land and buildings available
  • Very Profitable business
  • Upside Potential

OVERVIEW

Profitable hardware store and assemblage of buildings in the heart of Otisville, which is a growing area of the County. The real estate is being sold, which is now an existing hardware store operating as Otisville Hardware and presently has franchises of True Value, Do it Best and Benjamin Moore. Inventory is not included nor are franchises. Financials available upon request. Solar on roof which cost $110,000 is fully paid and included in sale. The main store is 7,296 sf with an accessory warehouse next door of 2,400 sf. Another option is to purchase the business and lease the main store and warehouse. Seller would consider a 1-2 year leaseback and or stay on for a transition period. There is also a two family residential income producing property at 5 Wallace Street, which is not included but could be added on for a price. This is a great opportunity for someone looking to run a small successful business or a long term real estate investment.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

True Value

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Garden Center, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

C-1

APN/PARCEL ID

334401-104-000-0002-005.200-0000

ASK ABOUT THIS PROPERTY

Joe DistelburgerKeller Williams Realty PartnersMore Info
845-344-7170

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Joe DistelburgerKeller Williams Realty PartnersMore Info
845-344-7170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.