Opportunity knocks. Profitable hardware store and assemblage of buildings in the heart of Otisville, which is a growing area of the County. The real estate is being sold, which is now an existing hardware store operating as Otisville Hardware and presently has franchises of True Value, Do it Best and Benjamin Moore. Inventory is not included nor are franchises. Financials available upon request. Solar on roof which cost $110,000 is fully paid and included in sale. The main store is 7,296 sf with an accessory warehouse next door of 2,400 sf. Another option is to purchase the business and lease the main store and warehouse. Seller would consider a 1-2 year leaseback and or stay on for a transition period. There is also a two family residential income producing property at 5 Wallace Street, which is not included but could be added on for a price. This is a great opportunity for someone looking to run a small successful business or a long term real estate investment.
The median home value in Otisville, NY is $415,000. This is higher than the county median home value of $389,200. The national median home value is $338,100. The average price of homes sold in Otisville, NY is $415,000. Approximately 61.26% of Otisville homes are owned, compared to 32.44% rented, while 6.3% are vacant. Otisville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Otisville real estate agent to arrange a tour today!
Otisville, New York has a population of 1,550. Otisville is more family-centric than the surrounding county with 38.96% of the households containing married families with children. The county average for households married with children is 36.93%.
The median household income in Otisville, New York is $85,598. The median household income for the surrounding county is $85,640 compared to the national median of $69,021. The median age of people living in Otisville is 35.8 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 48.3 inches per year, with 47.1 inches of snow per year.