2352 - 2354 State Route 66 Active Save Request In-Person Tour Request Virtual Tour
Ghent,NY 12075
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,089 sqft
Price per Sqft $171
MLS Listing ID 20252228
Year Built 1940
Annual Tax Amount $9,478
Tax Year 9478
Lot Size 2.846 Acres
Property Sub-Type Mixed Use
Property 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!
Location
State NY
County Columbia
Area Ghent
Zoning 01 & VB - Comme
Interior
Heating Baseboard
Exterior
Waterfront Description None
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Private Sewer,Public Sewer
Water Public
Schools
High Schools Chatham
School District Chatham