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Listing Courtesy of: Philippe Uhrik - Win Morrison Realty - Catskill 845-339-1144

$1,295,000

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5344 State Route 23 Windham, NY 12496

General Commercial Residence

3 Beds

3 Baths

6,400 Sq. Ft.

0.18 Acre Lot

Property Activity

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Last updated on 11/5/2024 5:31 PM

Listing Details

One of the most iconic pieces of Real Estate in Windham, New York is Back on the Market!! Seller Financing Available! Nestled in the Heart of Windham on bustling Main Street, this unique mixed-use property offers a blend of commercial & retail opportunity plus income generating apartments. The perf...ect investment that is fully rented and generating great returns that could easily carry a financing element! A community staple that houses The Main Street Market, formerly Todaro's, plus 3 additional 1 Bedroom 1 Bath Apartments upstairs. Situated on Main Street, this building benefits from high visibility and foot traffic, ideal for any retail business looking to thrive in a vibrant community setting. Whether you continue its current successes or attempt a new venture, the possibilities are endless. The ground floor features a spacious retail area, perfect for a variety of businesses. The space is designed to attract both locals and the influx of tourists Windham sees throughout the year. Above the retail space lie three spacious apartments that have been rented for years. This property presents an excellent opportunity for investors looking for dual income streams. The rental potential from both the retail and residential components ensures a steady cash flow, with the added benefit of appreciation in a sought-after location. With the right vision, there's potential for expansion or modification. The property could be an ideal candidate for those looking to add their personal touch or capitalize on Windham's growing popularity. The property being mixed-use, offers flexibility in how the space can be utilized. Have it be owner / operator and live upstairs or just rent of all 4 spaces and generate great monthly cash flow, the choice is yours. The building not only serves as a community hub but also as a cultural landmark on Main Street. This property on Main Street, Windham, is more than just a building; it's an opportunity to own a piece of a thriving small town. Whether you're looking to start or expand a business, invest in real estate, or find a unique place to call home, this property offers the best of both worlds. Contact us today to arrange a viewing and explore the possibilities this gem on Main Street has to offer. There's an additional back lot not included in the sale but can be if interested that's already subdivided as a blank canvas ready to build another retail or residential structure with access Municipal Water & Sewer! Continue reading

MLS#

154941

Property Type

General Commercial

Bedrooms

Bathrooms

3 Full

Year Built

1975

Square Feet

6,400 sq. ft

Price per Sq. Ft.