Marlboro, NY 12542

Property

Ownership: For Sale
Type: Retail
Lot Size: 0.1 Acres

Financials

Price:$1,300,000
Annual Taxes:$19,135
505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Alliance Rlty Group

HIT THE GROUND RUNNING This turnkey business features a long established and loyal customer base, top quality equipment, and a dependable team of experienced employees.

Description

HIT THE GROUND RUNNING: This turnkey business features a long-established and loyal customer base, top-quality equipment, and a dependable team of experienced employees. The three on-site apartments are fully rented and have a consistent history of zero vacancy due to the highly desirable location. GROW THE REVENUE: Significant upside potential exists through expanded catering services, more aggressive marketing, extended operating hours, and increasing apartment rents to market levels. The space also offers flexibility and could be repurposed as a café or restaurant or alternatively converted to office or retail use if desired. Franks Village Market & Deli was established in 1985, with the current building constructed in 2005. This is an as-is sale including both the Business and Real Estate. Frank’s outstanding reputation extends throughout the Hudson Valley and is an important staple in the local community. Tourists often visit for breakfast or lunch on their way to enjoying the area’s farms, foliage, wineries, and attractions. The building is fully outfitted with modern, well-maintained equipment and enjoys excellent accessibility from the center of the hamlet. The property includes two 2-bedroom apartments and one 1-bedroom apartment, along with prominent visibility on busy Route 9W, which sees approximately 16,000 vehicles per day passing by. Financials are available for review by serious, pre-qualified buyers. Owner financing may be available, and the owner is open to creative deal structures. Eliminate the typical startup risks by acquiring this well-established, very active business.

Amenities

  • Ceiling Fan(s)
  • Convection Oven
  • Dishwasher
  • Dryer
  • Electricity Available
  • Electric Water Heater
  • ENERGY STAR Qualified Appliances
  • Exhaust Fan
  • Freezer
  • Gas Oven
  • Gas Range
  • Ice Maker
  • Level
  • Microwave
  • Other
  • Refrigerator
  • Security System
  • Stainless Steel Appliance(s)
  • Video Cameras
  • Washer

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.