WINDHAM MAIN STREET BUILDING HITS THE MARKET! 5344 Main St
7,635 SF Vacant Retail Building Windham, NY 12496 $1,295,000 ($170/SF)
Investment Highlights
- SELLER FINANCING AVAILABLE.
- SOLID MONTHLY CASHFLOW.
- CENTRALLY LOCATED WITH GREAT EXPOSURE.
- FULLY RENTED RETAIL & APARTMENTS.
- ADDITIONAL BUILDABLE VACANT BACK LOT FOR SALE.
- MAIN STREET WINDHAM, NEW YORK.
Executive Summary
One of the most iconic pieces of Real Estate in Windham, New York is Back on the Market!! Seller Financing Available! Nestled in the Heart of Windham on bustling Main Street, this unique mixed-use property offers a blend of commercial & retail opportunity plus income generating apartments. The perfect investment that is fully rented and generating great returns that could easily carry a financing element! A community staple that houses The Main Street Market, formerly Todaro’s, plus 3 additional 1 Bedroom 1 Bath Apartments upstairs. Situated on Main Street, this building benefits from high visibility and foot traffic, ideal for any retail business looking to thrive in a vibrant community setting. Whether you continue its current successes or attempt a new venture, the possibilities are endless. The ground floor features a spacious retail area, perfect for a variety of businesses. The space is designed to attract both locals and the influx of tourists Windham sees throughout the year. Above the retail space lie three spacious apartments that have been rented for years. This property presents an excellent opportunity for investors looking for dual income streams. The rental potential from both the retail and residential components ensures a steady cash flow, with the added benefit of appreciation in a sought-after location. With the right vision, there's potential for expansion or modification. The property could be an ideal candidate for those looking to add their personal touch or capitalize on Windham's growing popularity. The property being mixed-use, offers flexibility in how the space can be utilized. Have it be owner / operator and live upstairs or just rent of all 4 spaces and generate great monthly cash flow, the choice is yours. The building not only serves as a community hub but also as a cultural landmark on Main Street. This property on Main Street, Windham, is more than just a building; it's an opportunity to own a piece of a thriving small town. Whether you're looking to start or expand a business, invest in real estate, or find a unique place to call home, this property offers the best of both worlds. Contact us today to arrange a viewing and explore the possibilities this gem on Main Street has to offer. There’s an additional back lot not included in the sale but can be if interested that’s already subdivided as a blank canvas ready to build another retail or residential structure with access Municipal Water & Sewer!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
7,635 SF
Building Class
C
Year Built
1975
Price
$1,295,000
Price Per SF
$170
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.18 AC
Zoning
01
Parking
26 Spaces (3.41 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
Parcel Number | 194600-078-019-0001-012-000-0000 | Improvements Assessment | $332,000 |
Land Assessment | $17,400 | Total Assessment | $349,400 |