110 Canal Street, Ellenville, NY 12428

Property Description

Most desirable commercial location in the Village. Next to Town Hall and Village Pharmacy. Two minutes walk to restaurants, Shadowland Theatre and a post office. Building has been recently renovated with 1900' brick walls, high ceiling and large front window. First floor commercial space has 500 sq ft stylish front office. There is a walk-in storage closet and handicap size bathroom. 250 sq ft back space has separate entrance leading to a large public parking. There is also ample parking across the street. Maintenance free electric heat and a ductless heat pump/AC for the front space. Two apartments upstairs with separate entrances 1 bdr 1 bath each. Both are rented to long term tenants. Electric baseboard heat with separate meters. The front apartment has also ducktless A/C. Tenants pay heat and electric, owner pays for water. New rubber roof installed in 2015. The building is in excellent condition and recently vacated commercial space can be rented for $1,000 generating over 8% cap rate.