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