About 405 Sprout Brook Road
This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale, and its lease runs through March 2025. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots. Additional Information: HeatingFuel:Oil Above Ground
Features of 405 Sprout Brook Road
| MLS® # | H6315916 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,898 |
| Acres | 1.06 |
| Taxes | $17,679 |
| Year Built | 1979 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Active |
Community Information
| Address | 405 Sprout Brook Road |
|---|---|
| City | Garrison |
| County | Putnam County |
| State | NY |
| Zip Code | 10524 |
| Adult 55+ Community | No |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Oil Water Heater |
|---|---|
| Heating | Oil, Propane, Hot Water |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Frame |
|---|
School Information
| District | Lakeland |
|---|
Additional Information
| Date Listed | July 6th, 2024 |
|---|---|
| Zoning | R80 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|