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93 Windemere Ave Greenwood Lake, NY 93 Windermere Ave 3,714 SF 100% Leased Retail Building Greenwood Lake, NY 10925 $1,243,668 CAD ($334.86 CAD/SF) 7.20% Cap Rate

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INVESTMENT HIGHLIGHTS

Great rental history, tenant paid, separately metered utilities.
Excellent Main St location, corner property, private parking lot +/- 22 spaces.
Opportunity for user for the retail space, bagel store.

All units renovated and updated, opportunity to split retail into two separate units.
Cap Rate over 7.5% w/ retail rented.
Close to Lake, skiing, wineries, apple orchards, restaurants, new developments.

EXECUTIVE SUMMARY

Four-unit mixed-use investment or user property. Large, recently renovated retail/bagel store, day-spa and 2 apartments. Corner location, highly visible main street location, 3,460 cars pass per day. +/- 14 private parking spaces in the rear. Natural gas, municipal water, septic. Separate tenant paid utilities. Opportunity for user: The large retail space is available and has the potential to reopen quickly as a bagel store, business assets are available under a separate listing. The two apartments and the day spa are beautifully renovated/updated and are fully rented. CS Central Shopping Zoning. Blocks from the Lake, close to new commercial development, ski slopes, wineries, breweries, apple orchards, Greenwood Lake straddles NY and NJ.

93 Windermere Flyer