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334 Main St
Middleburgh, NY 12122

$899,900 USD

Apartments For Sale  •  9,855 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,280 SF
  • Lot Size 0.25 AC
  • Building Class B
  • Year Built 1940
  • Zoning C
30 Walk Score

Description

Positioned in the heart of the Village of Middleburgh, this prominent 8,200 square foot, three-story brick mixed-use building is a rare opportunity to own a high-visibility Main Street investment with strong, rental income. The property features off-street parking and a well-maintained, landscaped exterior that enhances its curb appeal. The main level is home to a fully operational, turnkey restaurant with over 20 years of continuous service and a well-established presence in the community. The business is included in the sale. Upper levels provide 7 Residential Rental units, contributing to the property's solid financial performance. Current figures reflect approximately $109,800 in annual gross rental income, $39,400 in operating expenses, and a net operating income of $70,400, making this a compelling long-term investment. With its classic brick exterior, substantial square footage, and prime location in a charming, walkable village setting, this property offers exceptional versatility. The opportunity and potential here are endless.

Highlights

Prime Village Location: Situated in the heart of downtown Middleburgh with high visibility, foot traffic, and excellent curb appeal.
Significant Mixed-Use Scale: Prominent 3-story brick building offering 8,280 sq. ft. of versatile commercial and residential space.
Turnkey Main-Floor Restaurant: Ground floor features an established, fully operational restaurant business (included in sale) with over 20 years of co
Convenient Off-Street Parking: Dedicated off-street parking for tenants and customers—a rare feature for Main Street village properties.

Public Transportation

AirportDriveWalkDistance
Albany International 59 min - 41.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Matthew Loder 518-378-1235 Country Boy Realty
Matthew Loder 518-378-1235 Country Boy Realty