817 Chestnut Ridge Road, Spring Valley, NY 10977

$1,699,000

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List Price
$1,699,000
Status
ACTIVE
Days on Market
36
MLS#
1020508
Subtype
Commercial Sale
Year Built
1867
Lot Size
24,394
Acres
0.56
Neighborhood
Spring Valley

Property Description

One Property, Two Buildings, Ten Plus Offices, and One Hundred possibilities for this commercial listing in the very heart of the village of Chestnut Ridge! Own a piece of high profile Chestnut Ridge Rd, aka Route 45 commanding incredible visability at the center of the village strip. Capture the upside with an investment that as is generates a steady income flow with two office buildings serving the medical arts (2 offices vacant). Alternatively realize your dream on this .56 acre lot and rebuild from ground up to maximize the property's potential. These two historic and renovated buildings currently offer a community of medical professionals a hub to work from. Tenants include therapists, accupunturists, chiropractor, and other healing modalities. The two structures are built around a parking court yard for 11 vehicles. The "White Farmhouse" and "Red Barn" are divided into many private offices and treatment rooms with shared receptions and bathrooms on each floor. Designated as Multi Use-Downtown Row it shares a driveway with The Barn Shopping Center featuring shops and popular eateries, as well as overflow parking. Seller did many improvements over the past 20 years turning these buildings into well tuned and updated investments. Whether you are an owner-user, investor or builder this is a rare oppertunity to own a prime piece of property with endless potential.

Additional Information

Taxes
$18,378
Zoning
RR50
Appliances
Dryer, Washer
Heating
Baseboard, See Remarks
Air Conditioning
Central Air, Ductless
Stories
2
School District
East Ramapo (Spring Valley)
Elementary School
Margetts Elementary School
Middle School
Chestnut Ridge Middle School
High School
Spring Valley High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Maiken B. Nielsen (maikenbrock@gmail.com) from Listing Office: Ellis Sotheby's Intl Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.