Improved Residential Land for Sale in Ghent, New York

Rare Income-Generating Opportunity in Historic Ghent, NY! Seize this exceptional chance to acquire a meticulously maintained commercial income property in the charming town of Ghent, Columbia County, New York. This unique 2.846-acre parcel offers a diversified income stream with significant upside potential. Anchor Tenant: US Post Office with Long-Term Stability The cornerstone of this investment is a secure, long-term lease with the United States Post Office, a highly stable and desirable anchor tenant. This reliable income stream provides a strong foundation for your investment, complete with renewable options for continued security. Multiple Revenue Streams & Expansion Potential Beyond the Post Office, the property boasts a separate, historic brick building that is currently rented, adding to the immediate cash flow. Further enhancing its value is a third building, presently used for storage, which presents a fantastic opportunity for conversion into an additional rental unit, unlocking further income growth. Strong Financial Performance This property is a proven performer, generating a gross annual income of 85,600, with remarkably low expenses of just 13,000. This favorable income-to-expense ratio ensures healthy net operating income from day one. Strategic Columbia County Location Nestled in the picturesque Hudson Valley, Ghent offers a desirable blend of rural charm and accessibility. Columbia County is a sought-after region for both residents and businesses, contributing to the long-term desirability and stability of this investment. Don't miss out on this opportunity to own a diversified, income-producing asset with a blue-chip tenant and significant value-add potential in a thriving market. Investment Highlights: Anchor Tenant: U.S. Post Office with long-term lease and renewal options. Diversified Income: Additional rented historic brick building. Value-Add Opportunity: Third building for potential conversion to a new rental unit. Generous Acreage: 2.846 acres Prime Location: Desirable Ghent, Columbia County, NY. Strong Cash Flow: Proven track record of high income and low expenses. For more information and to schedule a private showing, contact us today!