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MULTI_FAMILY - Kingston, NY
This is one of the last mixed-use neighborhood grocery stores left in Kingston. The attached 2 family home has a 2 bedroom apartment on the ground floor and 1 bedroom apt on the second floor with a large unfinished attic and full basement, both under store and house. The market is approximately 2300 square feet making it one of the largest neighborhood markets in the City of Kingston. To sum it up in one word, this property screams potential. The market could easily be subdivided into two separate store fronts, subject to planning board and building department approval, offering potential for four revenue streams. The property could not be better located. It is literally across the street from a 40 unit senior housing complex, and just 1 block from 63 artist studios at the Shirt Factory, and only 2 blocks from a new 113 unit housing development on Cornell Street. Currently the market doe...
This is one of the last mixed-use neighborhood grocery stores left in Kingston. The attached 2 family home has a 2 bedroom apartment on the ground floor and 1 bedroom apt on the second floor with a large unfinished attic and full basement, both under store and house. The market is approximately 2300 square feet making it one of the largest neighborhood markets in the City of Kingston. To sum it up in one word, this property screams potential. The market could easily be subdivided into two separate store fronts, subject to planning board and building department approval, offering potential for four revenue streams. The property could not be better located. It is literally across the street from a 40 unit senior housing complex, and just 1 block from 63 artist studios at the Shirt Factory, and only 2 blocks from a new 113 unit housing development on Cornell Street. Currently the market does almost 1 million dollars in lottery ticket sales annually, which represents roughly 60k in revenue as per the sellers.
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