MLS#1022494
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLEast Ramapo (Spring Valley)
Property Description
Prime Mixed-Use Investment & Development Opportunity - Spring ValleyExcellent mixed-use investment featuring approximately 2,522 SF on a 6,098 SF lot in a high-visibility location with road frontage, a storefront window, on-site parking, and easy access to major roadways.Unit 1: Leased at $4,600/month with excellent storefront exposure.Unit 2: Legal commercial kitchen with an estimated market rent of approximately $5,300/month, offering significant upside.The property also presents an outstanding development opportunity, with the potential to redevelop the site into a 3-story residential building, similar to the neighboring property (subject to approvals).An exceptional opportunity to generate strong cash flow today while capitalizing on future development potential.
Property Features
Property Type: Commercial - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Fenced: Yes
Heating: Other
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $14,487
Year Built: 1970
Feature Descriptions
Accessibility: Accessible Entrance
Appliances: Convection Oven, Exhaust Fan, Freezer, Refrigerator
Building Area Total: 4006
Building Features: Bathrooms, Lobby, Mailbox, Ramp, Signage Included
Business Type: Other
Cap Rate: 9
Days on Site: 5
Exterior: Brick
Fencing: Back Yard, Fenced
Flooring: Carpet, Tile
House Faces: West
Lot Features: Back Yard, Near Public Transit
On Market Date: 2026-08-24
Other Structures: None
Parcel Number: 392605.057.039-0002-006.000/0000
Parking Features: Parking Lot
Parking Total: 10
Property Attached Y/N: 1
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Security Features: Smoke Detector(s)
Seller Concession: Yes
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 2
Utilities: None
Water: Public
Waterfront Features: Canal Front
Local Schools
High School: Spring Valley High School
Middle School: Chestnut Ridge Middle School
Elementary School: Elmwood Elementary School
School District: East Ramapo (Spring Valley)
Listed By / Shown By
Listing By
Agency Name: MS Realty Group USA, Inc
Agency Phone: 845-367-7470
Shown By
Agent Name: Debra Felix
Agent Phone: (718) 206-1340
Agency Title: Coldwell Banker American Homes
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50 N Main Street | MLS# 1022494
This commercial property located at 50 N Main Street, Spring Valley, NY 10977 is currently listed for sale with an asking price of $1,095,000. N Main Street is located within the East Ramapo (Spring Valley) school district. Search Spring Valley real estate on debrafelix.cbamhomes.com today.