50 N Main Street, Spring Valley, NY 10977
- $1,095,000
- List Price
- $1,095,000
- Days on Market
- 23
- MLS#
- 1022494
- Status
- ACTIVE
- Property Type
- Mixed Use
- Year Built
- 1970
- Property Tax
- $14,487
- Neighborhood
- Spring Valley
- School District
- East Ramapo (Spring Valley)
- High School
- Spring Valley High School
- Jr. High
- Chestnut Ridge Middle School
- Elementary School
- Elmwood Elementary School
Property Description
Prime Mixed-Use Investment & Development Opportunity – Spring Valley Excellent mixed-use investment featuring approximately 2,522 SF on a 6,098 SF lot in a high-visibility location with road frontage, a storefront window, on-site parking, and easy access to major roadways. Unit 1: Leased at $4,600/month with excellent storefront exposure. Unit 2: Legal commercial kitchen, leased at $5,000/month The property also presents an outstanding development opportunity, with the potential to redevelop the site into a 3-story residential building, similar to the neighboring property (subject to approvals). An exceptional opportunity to generate strong cash flow today while capitalizing on future development potential.
Additional Information
- Acres
- 0.14
- Parking
- Parking Lot
- Stories
- 2
- Basement
- Finished, Full
- Heating
- Other
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Aaron Gestetner (ag@exitrv.com) from Listing Office: MS Realty Group USA, Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.