Average square foot calculated using Size range provided by listing agent.
Description
Prime investment opportunity in Mahopac, NY offering 3.4 acres with income-producing tenant and development potential. 10 Bon Miller Rd, a unique property located just off Route 6 yet in the heart of Mahopac and Town of Carmel. This exceptional offering features two buildings totaling 14, 242 square feet with a mix of current income and outstanding development potential. The rear building, constructed in 1999 is currently leased to a national tenant who occupies 45% of the space and is in year 7 of a 15 year lease. This tenant is responsible for 100% of property maintenance, landlords insurance, and their proportionate share of real estate taxes, providing a reliable and low-maintenance income stream for the new owner. An additional second-floor walk-up office space is currently available for lease, offering upside for increased cash flow. Additionally, there is a possibility that this can be converted to multi-family use, subject to approvals making this property a standout opportunity for investors and developers. The front building is a 2, 772 sq ft residence that has been completely gutted and is ready for a full renovation. The zoning allows for multi-family use with 500 sq ft minimum per unit, offering significant redevelopment potential. This property is a must see.Show Description
MLS® Number911902
Laundry Level
Central VacNo
FireplaceNo
Acreage3.42
ExteriorPlayground
GarageNo
Approx. Age1999
BasementFinished, Full, Walk-Out Access
DrivewayDriveway
Garage Spaces
HeatNatural Gas
A/CCentral Air
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing