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About the Listing KWHV03 - 39763,40020
Seize a prime triple-net (NNN) investment in a high-visibility, two-building retail complex situated at the main entrance of the historic Village of Goshen. This property combines stable, in-place cash flow with significant value-add potential. Strategically positioned on the main thoroughfare into the historic Village of Goshen, ensuring high visibility and consistent traffic. Building #1 (Beverage Plus): Approx. 7,300 sq ft established retail beverage center. Secure 10-year NNN lease, currently in its second year, with 3% annual increases until May 31, 2034. Current annual rent is $7210/month, providing reliable income. Building #2 (Former Orange County Bagel): Approx. 1,836 sq ft, previously a successful retail food location. Currently vacant, but subject to a 5-year NNN lease extension, with 3% annual increases until January 4, 2030. Offers a strong value-add component for a new tenant or a turnkey space for a buyer-user. Current annual rent is $2831/month. Tenants are responsible for all operational expenses (Beer World 75%, OC Bagel 25%), with the landlord only responsible for the structure and roofs. Features a paved parking lot, municipal water and sewer, and natural gas service. This is an ideal opportunity for both passive investors seeking consistent, low-management income and active investors looking to enhance value by placing a new tenant in the vacant space. It also represents a compelling proposition for an owner-user who can occupy the front building while benefiting from the income generated by the rear tenant. Lease details are available upon request for qualified buyers.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Paved,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 15
- Roof:
- Others: Actual,Renovated
- Sewer: Public Sewer
- Parking Features: Off Street,Parking Lot,Private
Financial Details
- Tax Amount: $38,069
- Taxes w/Assessments: N/A
- Tax/Property ID: 333001-112-000-0012-006.000-0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
151 Greenwich Ave Goshen, NY 10924
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