2 Matteson St - Storefront Retail/Residential FOR SALE


Greene, NY 13778
$389,000 USD
607-372-3214
2 Matteson St, Greene, NY for Sale
$389,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 9.82% Cap Rate

2 Matteson St
Greene, NY 13778


HIGHLIGHTS

  • Mixed-use income property with operating liquor store included.
  • Greene Spirits business name and approximately $50,000 of inventory convey with sale.
  • Turn-key opportunity for owner-operator or investor.
  • The only liquor store in Greene, New York serving surrounding area for several miles.
  • ?Three apartments plus retail liquor store.
  • Tenants pay their own utilities.

OVERVIEW

2 Matteson Street is presented as a mixed-use investment opportunity consisting of three apartments plus the Greene Spirits retail liquor store.? The real estate, business name, and approximately $50,000 of inventory are intended to convey with the sale, creating a turn-key opportunity for an owner-operator or investor.? The sale package includes the Greene Spirits business and trade name, together with approximately $50,000 of inventory.? No liquor-store operating revenue, COGS, payroll, license value, or other business-level expenses are included in the real estate pro forma because a business P&L was not provided.? For underwriting purposes, the retail space is modeled at an estimated market lease of $1,200 per month.? This allows investors to analyze the real estate income independently from business operations.?

FOR SALE DETAILS

PRICE

$389,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

9.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Investment Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1866

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,210 SF

ZONING

IND

APN/PARCEL ID

083001-236-200-0002-021-000-0000

ASK ABOUT THIS PROPERTY

Heriberto PezzinoYaman CommercialMore Info
607-372-3214

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

Heriberto PezzinoYaman CommercialMore Info
607-372-3214

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