4 Western AVE Marlboro, NY 12542
2,125 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 995065
Rental Info No
Year Built 2005
Annual Tax Amount $19,135
Lot Size 2,125 Sqft
Acres 0.0488
Property Sub-Type Retail
Source onekey2
Property Description
GROW THE REVENUE: Significant upside potential exists through expanded catering services, more aggressive marketing, extended operating hours, and increasing apartment rents to market levels. The space also offers flexibility and could be repurposed as a café or restaurant or alternatively converted to office or retail use if desired.
Franks Village Market & Deli was established in 1985, with the current building constructed in 2005. This is an as-is sale including both the Business and Real Estate. Frank's outstanding reputation extends throughout the Hudson Valley and is an important staple in the local community. Tourists often visit for breakfast or lunch on their way to enjoying the area's farms, foliage, wineries, and attractions. The building is fully outfitted with modern, well-maintained equipment and enjoys excellent accessibility from the center of the hamlet. The property includes two 2-bedroom apartments and one 1-bedroom apartment, along with prominent visibility on busy Route 9W, which sees approximately 16,000 vehicles per day passing by. Financials are available for review by serious, pre-qualified buyers. Owner financing may be available, and the owner is open to creative deal structures. Eliminate the typical startup risks by acquiring this well-established, very active business.
Location
State NY
County Ulster County
Interior
Heating Electric, Forced Air, Natural Gas, Propane
Cooling Ductless, Wall/Window Unit(s)
Flooring Tile
Fireplace No
Appliance Convection Oven, Dishwasher, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Gas Oven, Gas Range, Ice Maker, Microwave, Other, Refrigerator, Stainless Steel Appliance(s), Washer
Exterior
Parking Features On Street, Open
Utilities Available Electricity Available
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public
Structure Type Advanced Framing Technique,Block,Fiberglass Insulation
Schools
High Schools Marlboro
School District Marlboro
Others
Special Listing Condition None
