25 N Chestnut, New Paltz

$550,000

0 Beds
0 Baths
2,300 Sqft
.22 Acres
0 Garages

New Paltz Village: Commercial Opportunity doesn’t always knock on your door in New Paltz so be sure to jump on this one. Currently leased to restaurant with 2nd floor 5 bedroom apartment that was recently updated, a separate barn with walk up 1 bedroom and lots of storage space on ground level. Located in a high traffic area with traffic light and good visibility. It’s an investment that you want to help build your real estate portfolio. Restaurant has one year left on lease and would be interested in extending and the other two units are up this year. With full occupancy the upstairs apartments rent for the year is $38,100. The restaurants rent for the year is $25,056. The apartment over the barn rent is $10,920 per year.

Essential Information
MLS® #20194635
Price$550,000
Square Footage2,300
Acres0.22
Year Built1960
TypeCommercial/Industrial
Sub-TypeMixed Use
StatusACTIVE
Community Information
Address25 N Chestnut
AreaNEW PALTZ
CityNew Paltz
CountyUlster County
StateNY
Zip Code12561
Features

DISPLAY WINDOW, HANDICAP ACCESS, KITCHEN FACILITES, PATIO/DECKS, PUBLIC BATHROOMS, STORAGE AREA

Parking

parking spaces 6-10, BARN, LOT-PAVED

Interior
HeatingBASEBOARD, HOT WATER
Exterior
ConstructionFRAME/STICK
Lot Description

LEVEL, PARKING LOT, WALK-PUBLIC TRAIL

School Information
DistrictNEW PALTZ
Additional Information
ZoningB2
Listing Details
AgentTeresa Shand
OfficeColucci Shand Realty
Property History
Status Changed from BACK ON MARKET to ACTIVE
Status Changed from PENDING to BACK ON MARKET
Status Changed from PENDING CONTINUE TO SHOW to PENDING
Status Changed from ACTIVE to PENDING CONTINUE TO SHOW
LISTING MAP

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