Address
2 School House Road, Pine Island, NY
Price
$ 1,150,000
Property Attributes
  • MLS#H6296762
  • TypeCommercial
  • CountyORANGE
  • CityPine Island
  • NeighborhoodDrews Garage
  • Zip10969
  • Style
  • Year Built1950
  • Taxes$ 11630
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
OneKey® MLS
Property Description

Instant Cashflow! Highly Visible, Accessible & Convenient location for this beautiful, historic, mixed-use commercial property. 8.6% Cap rate, as presented in the financial summary. Fully occupied, this building is on the corner of County Route 1 and Schoolhouse Road in the heart of Pine Island. The location couldn't be better, with easy access to main roads and excellent corner visibility. With 4 separate office spaces, 2 separate garage units, 2 retail spaces (1 including large drive-in garage door access), and 1 residential apartment, this property delivers! Property to be shown only after submission of offer based upon financials and upon receipt of POF and/or lender approval. Square Footage Details, Rent Roll and Expense details are provided in documents. Beautiful and historic, this three-level building sits prominently at the corner of County Rt 1 and Schoolhouse Road. Owner will consider holding paper for qualified buyers with significant down payment.

Price History
3/25/2024 Listed $1,150,000

General Features

Elementary School District Warwick Valley
High School District Warwick Valley
Middle/Junior School District Warwick Valley

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 10969

Price
AVG $1.13M
$1.15M
Taxes
AVG $8,701
$11,630
Visits
AVG 37
34
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1950

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