179 Lindsey Ave - Storefront Retail/Residential FOR SALE


Buchanan, NY 10511
$1,250,000 USD
914-739-5300
179 Lindsey Ave, Buchanan, NY for Sale
$1,250,000 USD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

179 Lindsey Ave
Buchanan, NY 10511


OVERVIEW

Redevelopment Opportunity. 179 Lindsey Avenue presents an investment and redevelopment opportunity in the Village of Buchanan, NY. This approximately 10,000-square-foot property is ideally positioned for investors, /developers, seeking a well-located asset with strong value-add potential. Conveniently situated near Route 9 and Metro-North rail service, the property offers excellent accessibility for both commercial and residential tenants, making it an attractive opportunity in the growing Hudson Valley market. Located within the C-1/C-2 Overlay District, which allows retail on the 1st floor and residential on the upper levels, the existing structure features 10-foot ceiling heights, three loading doors, six on-site parking spaces, and connected municipal water, sewer, and electric services. Additionally, the site may offer the potential to construct a third story, subject to municipal approvals, providing investors with the ability to further increase income and long-term value. With its strategic location, flexible zoning, existing infrastructure, and redevelopment potential, 179 Lindsey Avenue represents a unique opportunity to acquire and transform a versatile commercial asset in one of Northern Westchester's most desirable and accessible markets.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$125 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

2201-043-016-00002-000-0038

ASK ABOUT THIS PROPERTY

Joseph LippolisBerkshire Hathaway HomeServices River TownsMore Info
914-739-5300

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Joseph LippolisBerkshire Hathaway HomeServices River TownsMore Info
914-739-5300

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