Prime 5,282 square foot office and residential asset in the Town of New Paltz. One mile from Village center; 0.6 miles from SUNY entrance. Property includes modern 1,844 square foot ground floor office space along Rt. 208; 3BR apartment above; rented single family home behind; 3 acre lot that can be subdivided, with second frontage along Cedar Ridge Road and mountain views. 200 feet of high-visibility frontage along Route 208, with 11 parking spaces and ample storage space. Significant physical upgrades include new roofs, HVAC, windows, siding, etc. Currently owner occupied. 9.6% cap rate when leased. Owner will take back paper for qualified buyer.
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