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USANYGhent23522354 State Route 66
2354 - 23522354 State Route 66, Home with 0 bedrooms, 2 bathrooms and null parking in Ghent NY | Image 1
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$875,000

2354 - 23522354 State Route 66, Ghent, NY

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $9,478
Days Active 1
Approx. Age 1940
MLS® Number 20252228

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Income-Generating Opportunity in Historic Ghent, NY! Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential. Anchor Tenant: US Post Office with Long-Term Stability The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security. Multiple Revenue Streams & Expansion Potential Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth. Strong Financial Performance This property is a proven performer, generating a gross annual income of 85, 600, with remarkably low expenses of just 13, 000. This favorable income-to-expense ratio ensures healthy net operating income from day one. Strategic Columbia County Location Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment. Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market. Investment Highlights: Anchor Tenant: U.S. Post Office with long-term lease and renewal options. Diversified Income: Additional rented historic brick building. Value-Add Opportunity: Third building for potential conversion to a new rental unit. Generous Acreage: 2.846 acres Prime Location: Desirable Ghent, Columbia County, NY. Strong Cash Flow: Proven track record of high income and low expenses. For more information and to schedule a private showing, contact us today!Show Description
MLS® Number20252228
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard
A/C
Heating Fuel

Extras

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