REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by: Keller Williams Realty HV Nort
$ 1,200,000
Est. payment | /mo
6 Baths
6,324 SqFt
$ 1,200,000
Est. payment | /mo
6 Baths
6,324 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,324 sqft
Price per Sqft $189
MLS Listing ID 20261518
Year Built 1900
Annual Tax Amount $8,340
Tax Year 8340
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Introducing a unique investment opportunity in the heart of Chatham! This historic three-story brick building, formerly home to Brown's Shoe Store, features two vibrant commercial storefronts and four fully occupied apartments. Nestled on Main Street, the property benefits from high foot traffic and a diverse range of established businesses, enhancing its appeal to tenants and visitors alike. Currently generating 129,600 in annual rents, the building has a strong financial profile with tenants responsible for all utilities. With a CAP rate exceeding 9 points based on current rents, this well-maintained asset offers an attractive return on investment. Don't miss the chance to add this prime commercial property to your portfolio!
Location
State NY
County Columbia
Area Chatham
Zoning Com 1 mixed use
Interior
Heating Forced Air, Propane
Exterior
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected, Propane
Building
Sewer Public Sewer
Water Public
Schools
High Schools Chatham Central Schools
School District Chatham Central Schools
Others
Tax ID 66.10-1-35
NEARBY SCHOOL & BUSINESS
