2 School House Road, Pine Island, NY 10969

Property Description

Instant Cashflow! Highly Visible, Accessible & Convenient location for this beautiful, historic, mixed-use commercial property. 8.6% Cap rate, as presented in the financial summary. Fully occupied, this building is on the corner of County Route 1 and Schoolhouse Road in the heart of Pine Island. The location couldn't be better, with easy access to main roads and excellent corner visibility. With 4 separate office spaces, 2 separate garage units, 2 retail spaces (1 including large drive-in garage door access), and 1 residential apartment, this property delivers! Property to be shown only after submission of offer based upon financials and upon receipt of POF and/or lender approval. Square Footage Details, Rent Roll and Expense details are provided in documents. Beautiful and historic, this three-level building sits prominently at the corner of County Rt 1 and Schoolhouse Road. Owner will consider holding paper for qualified buyers with significant down payment.