$2,700,000

151 Greenwich Avenue, Goshen, NY 10924

  • 9,300 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.81acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $290/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Seize a prime triple-net (NNN) investment in a high-visibility, two-building retail complex situated at the main entrance of the historic Village of Goshen. This property combines stable, in-place cash flow with significant value-add potential. Strategically positioned on the main thoroughfare into the historic Village of Goshen, ensuring high visibility and consistent traffic. Building #1 (Beverage Plus): Approx. 7,300 sq ft established retail beverage center. Secure 10-year NNN lease, currently in its second year, with 3% annual increases until May 31, 2034. Current annual rent is $7210/month, providing reliable income. Building #2 (Former Orange County Bagel): Approx. 1,836 sq ft, previously a successful retail food location. Currently vacant, but subject to a 5-year NNN lease extension, with 3% annual increases until January 4, 2030. Offers a strong value-add component for a new tenant or a turnkey space for a buyer-user. Current annual rent is $2831/month. Tenants are responsible for all operational expenses (Beer World 75%, OC Bagel 25%), with the landlord only responsible for the structure and roofs. Features a paved parking lot, municipal water and sewer, and natural gas service. This is an ideal opportunity for both passive investors seeking consistent, low-management income and active investors looking to enhance value by placing a new tenant in the vacant space. It also represents a compelling proposition for an owner-user who can occupy the front building while benefiting from the income generated by the rear tenant. Lease details are available upon request for qualified buyers.

Listing Status:
Active
Listing Office:
Keller Williams Hudson Valley : 845-610-6065
MLS ID:
935667
  • A/C: Central Air
  • Heating: Forced AirNatural Gas
  • Parking: Off StreetParking LotPrivateParking spaces: 15
  • Road/Access: Municipal
  • Originating MLS: onekey2
  • County: Orange County
  • Zoning: 333001-112-000-0012-006.000-0000
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Keller Williams Hudson Valley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Goshen Intermediate School

13 McNally St, Goshen, NY, 10924

Grades 3-5

0.92 miles away

C

C J Hooker Middle School

41 Lincoln Ave, Goshen, NY, 10924

Grades 6-8

0.58 miles away

G

Goshen Central High School

222 Scotchtown Rd, Goshen, NY, 10924

Grades 9-12

1.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.