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50 N Main ST Spring Valley, NY 10977
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 1022494
Rental Info No
Year Built 1970
Annual Tax Amount $14,487
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Mixed Use
Source onekey2
Property Description
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 with an estimated market rent of approximately $5,300/month, offering significant upside.
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.
Location
State NY
County Rockland County
Rooms
Basement Finished, Full
Interior
Heating Other
Cooling None
Flooring Carpet, Tile
Fireplace No
Appliance Convection Oven, Exhaust Fan, Freezer, Refrigerator
Exterior
Parking Features Parking Lot
Fence Back Yard, Fenced
Utilities Available None
Waterfront Description Canal Front
View Neighborhood
Total Parking Spaces 10
Building
Lot Description Back Yard, Near Public Transit
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Elmwood Elementary School
Middle Schools Chestnut Ridge Middle School
High Schools East Ramapo (Spring Valley)
School District East Ramapo (Spring Valley)
Others
Special Listing Condition None
Virtual Tour https://tours.hometourvision.com/x3199559
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