State Highway 7Maryland, NY 12116

For Sale
$89,900

Three-unit building, USPS tenant, high visibility.

Overview

Added:
Feb 3
Days on market:
38
This exceptional commercial property, located on State Highway 7 in Maryland, NY, presents a unique investment opportunity. Boasting 2,650 square feet on a 0.16-acre lot, the building offers three distinct units, ensuring diverse income streams. A key advantage is the existing lease with the United States Postal Service (USPS), providing immediate and consistent rental income. Ample parking is available for tenants and customers. The ground floor offers versatile space ideal for conversion into a residential apartment or retail storefront, depending on the buyer's vision. Upstairs, a substantial unit features a large room, a full kitchen, a bathroom, and a former grand hall, perfect for a variety of uses, from office space to residential conversion. The property's strategic location in Schenevus, with its close proximity to Oneonta and convenient access to I-88, ensures high visibility and accessibility. This affordable commercial space offers endless possibilities for entrepreneurs and investors seeking a strong return on investment. The combination of a stable USPS tenant and the potential for additional income streams makes this a truly compelling opportunity. The property is priced at $89,900.

Property Details for State Highway 7

Property type
Other commercial real estate
Square Feet
2,650 SF
Year Built
1900
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Maryland
County
Otsego
State
New York
Latitude
42.54084
Longitude
-74.85621
State Highway 7, Maryland, New York
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State Highway 7
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