2354-23522354 State Route 66, Ghent, NY

Name: 2354 - 23522354 State Route 66, For Sale in Ghent - eXp Realty
Brand: Beach & Bartolo Realtors
SKU: 20252228
Price: 875000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$875,000

020

MLS® 20252228

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $9,478

Days Active 197

Approx. Age 1940

MLS® Number 20252228

Property Address: 2354-23522354 State Route 66, Ghent, NY, 12075-1248

Average square foot calculated using Size range provided by listing agent.

Description

Rare Income-Generating Opportunity in Historic Ghent, NY! Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential. Anchor Tenant: US Post Office with Long-Term Stability The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security. Multiple Revenue Streams & Expansion Potential Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth. Strong Financial Performance This property is a proven performer, generating a gross annual income of 85, 600, with remarkably low expenses of just 13, 000. This favorable income-to-expense ratio ensures healthy net operating income from day one. Strategic Columbia County Location Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment. Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market. Investment Highlights: Anchor Tenant: U.S. Post Office with long-term lease and renewal options. Diversified Income: Additional rented historic brick building. Value-Add Opportunity: Third building for potential conversion to a new rental unit. Generous Acreage: 2.846 acres Prime Location: Desirable Ghent, Columbia County, NY. Strong Cash Flow: Proven track record of high income and low expenses. For more information and to schedule a private showing, contact us today!

MLS® Number20252228

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1940

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 13, 2025List Date

$875,000List Price

Commute

Commute

Starting Address

Destination Address

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