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House+1 Acre+Retail Center in Hudson NY

$ 1,300,000
389 Fairview Ave, , ,
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         Highlights

  • Located in Busy Hudson Shopping Center Area
  •  9  Retail/Office- out of which 7 are rented with leases stretching between 1-5 years , 2  vacant office spaces
  • RR $132K   NOI $101K Cap Rate 8.78%
  • 6500 sq ft of retail space and 6500 sq ft of Office space
  • Upward ramp to 2nd level for private parking.
  • Adjustant house plus 1 acre can be sold separately for $240K**, or as a package deal with the Shopping center for $1.3MM.
  • Shopping Strip only priced at $1,150,00
  • P/SQ 88
  • Call Ram Yariv 646 765 4594 for further details.

Description

Great Office/Retail Building W/13,500 Sf Located In Hudson Shopping Center. (Currently 8.78% CAP)

On The 2nd Level.There Is A Ramp That Allows Cars To Go Up To The 2nd Level. The 5 Stores Have

Separate Gas And Electric Meters & There Is 1 Electric Meter For The Entire 2nd Flr.

Building is located in Hudson Shopping Center. Neighboring Tenants in shopping center are Lowe’s,

Walmart, Kohl’s, Petsmart,Dollar Tree, Five Below and Taco Bell

**All expenses listed are only for the commercial property. Current rent for the house is $1350 per month

Detailed financial information Rent roll and expenses can be provided upon request

Documents
Address: 389 Fairview Ave
County: Columbia
State: NY
Zip: 12534
Country: United States
Price: $ 1,300,000
Maintenance: 13650
Real Estate Taxes: 17500
Cost Per Sq. Ft.: 88
My details

Ram Yariv

Licensed Real Estate Salesperson

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