Remarks

A complete shopping plaza at the intersection of two major State highways, 38 and 79. Its primary tenant is a restaurant with a beer and wine license. It has a 3-phase generator to provide electricity during power outages. The plaza also has the following rental store fronts business (monthly rents are in parentheses): tattoo parlor ($700), hair salon ($700), thrift store ($1,000), and a vacant storefront ($700 when rented). Tenants pay for their electricity. Plenty of on-site parking. NOTE: The whole property is owned by the owner of the restaurant. That owner is willing to continue his business by renting the restaurant from the new owner of the property for $1,500 per month. Potential rent for all of the store fronts is $4,600 per month. The Richford Town Hall and Town Court are located nearby.

Details

MLS#: S1599307
Price: $550,000

Style: Commercial
Sq Ft: 7964
Year Built: 2020

County: Tioga
Subdivision: Grand Div
Lot Size: 75X275
Tax Fee: 10837

School District: Newark Valley