792 County Route 1, Warwick, NY 10969

Opportunity knocks! Over 9% Cap Rate! Invest in Orange County's booming economy with this unique landmark property in Pine Island, in the heart of the Town of Warwick. Unbeatable easy access location features 5 retail/office spaces & 2 residential apartments. Original stone facade dates back to 1930 & at one time housed a popular eatery. Recent professional upgrades brought this mixed use gem of a building completely up to NYS codes. Renovations included complete electrical & plumbing, new sheetrock, HVAC and much more. Current rent roll is 100% rented: 3 retail businesses: unit 1-1243 sq. ft.; unit 2-191 sq. ft.; unit 3-2433 sq. ft.; 2 Offices: unit 4-993 sq. ft.; unit 5-1054 sq. ft.; 1 detached garage: unit 6-500 sq. ft.; 2 Apartments: unit 7-625 sq. ft (one-bedroom); unit 8-1150 sq. ft. (two-bedroom). The acre+ lot has a huge parking area suitable for several dozen vehicles. In the back on the upper level there is additional parking + ample grass backyard for the residents.