79-83 Ramapo Road, Garnerville, NY 10923

$450,000
Sold Price
$450,000
Days on Market
181
Closing Date
Oct 21, 2020
MLS#
H6032849
Status
CLOSED
Property Type
Retail
Property Tax
$24,304
Neighborhood
Haverstraw
School District
North Rockland

Property Description

If you're looking for an investment or owner / operator opportunity, than this established, highly visible strip should be your next purchase. Located on the main thoroughfare in Garnerville, Ramapo Rd / Route 202, offers immediate access to public transportation and a Daily Traffic Count of over 19,500! Existing businesses have been in place for over 10 years. Large pylon sign is directly on the road and additional signage is available above each storefront. There are 11 striped spots in the front and along the side of the building and a comfortable 6 to 7 spots in the back. The Pro forma NOI is $46,026 conservatively. There's real upside here for an investor. And for a user / owner, the vacant store front serves as an opportunity to relocate your business and realize the dream of being your own Landlord while collecting additional rent. Each store is separately metered for gas, electric and water.

Additional Information

Heating
Natural Gas, Forced Air
Cooling
Wall Unit(s)
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jon Paul Molfetta (jonpaul@themolfettateam.com) from Listing Office: Keller Williams Valley Realty.

Selling Office: Keller Williams Valley Realty.

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