Sold

3262 Franklin And Front Street

Millbrook NY, 12545

$1,025,000


Sold

Commercial

Built in 1920

Premier retail building in Millbrook, the gateway to the village. Fully leased up. Anchor tenant is nationally recognized retailer. Current owners have improved the property over the last 7 years. Many upgrades to a charmingly traditional retail space. High traffic location with 8 picture windows facing street. Upstairs unfinished, currently used as storage and could be great office space. Tenants also include a, upscale restaurant (just refurbished with new kitchen) and private fitness facility. A steady income producing property with good potential capital growth in the prime village location. Current Cap Rate 8%.,CMEXTFEATS:Dumpster,Current Use:GENERAL RETAIL,FOUNDATION:Masonry,ROOF:Rubber,Metal,Cooling:Zoned,Number of tenants:4,DOCUMENTS:Legal Description,BusIncld:No,Number of Restrooms:5,CMFEATURES:Smoke Alarm

HM357500

MLS ID

March 15, 2024

Updated

Map

3262 Franklin And Front Street
Millbrook NY, 12545

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.29 Acres

School Information

School District

Millbrook


High School

Millbrook High School


Elementary School

Elm Drive Elementary School

Other Property Details

Taxes

$21,611


Tax Frequency

Annually


Days on Market

130


Garage

No


View

No


County

Dutchess


Water Source

Public


Pool

No

Listed by MAXWELL GOODWIN  with BHHS MILLBROOK REAL ESTATE ML
Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jake Garay shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:15 PM UTC, 3/15/2024

  

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