Located in the heart of New City's bustling Main Street, this exceptional property presents an exciting investment opportunity. With a single tenant occupying the premises and shouldering nearly all expenses, this property offers a hassle-free and lucrative income stream. The Landlord is responsible for the structure and the building insurance, which is currently $4,500 per year. The single tenant ensures simplicity in managing the property, as they are responsible for all expenses, including interior maintenance, repairs, utilities & property taxes. This commercial property presents an excellent opportunity for investors seeking long-term financial growth. With a stable tenant in place and the potential for rental escalations over time, this property offers the potential for consistent cash flow and appreciation. Lease can be furnished upon request and proof of funds. 6,600 +/- ground level with about 6,200 +/- SF on the lower level where there are offices, stock and equipment.
Listing Details
$1,900,000
Expired
Commercial
6249739
5/17/2024
516 Day(s) Ago
Property Details
306 Main Street
New City
NY
10956
Rockland
6,600
0
Cs