Sharon FronkRealtor® · Howard Hanna
LoadingMiddleburgh, NY 12122 · Schoharie County
This three-story brick mixed-use building in the Village of Middleburgh dates to 1942 and offers about 8,280 square feet in the Middleburgh school district. According to the remarks, the main level houses a turnkey restaurant with more than 20 years of operation, included in the sale, while the upper floors hold seven residential rental units. The listing cites roughly $109,800 in annual gross rental income against about $39,400 in operating expenses, plus off-street parking. There is no HOA.
Positioned in the heart of the Village of Middleburgh, this prominent 8,200 square foot, three-story brick mixed-use building is a rare opportunity to own a high-visibility Main Street investment with strong, rental income. The property features off-street parking and a well-maintained, landscaped exterior that enhances its curb appeal. The main level is home to a fully operational, turnkey restaurant with over 20 years of continuous service and a well-established presence in the community. The business is included in the sale. Upper levels provide 7 Residential Rental units, contributing to the property's solid financial performance. Current figures reflect approximately $109,800 in annual gross rental income, $39,400 in operating expenses, and a net operating income of $70,400, making this a compelling long-term investment. With its classic brick exterior, substantial square footage, and prime location in a charming, walkable village setting, this property offers exceptional versatility. The opportunity and potential here are endless.
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The district this address is assigned to. Ratings and reviews are hosted on GreatSchools.
Assigned districts can change and are not guaranteed. Confirm enrollment boundaries with the district directly before relying on them.
Middleburgh is in Schoharie County, NY. There are currently 28 active listings here, ranging from $38,000 to $2,950,000. Listings in this address fall under the Middleburgh school district. Priced 205% above the Middleburgh median of $294,900.
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Country Boy Realty · Listed by Matthew Loder (6543)
Contact: 518-378-1235
MLS #202615847 · Source: Global MLS, Inc.
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Licensed Real Estate Salesperson · Howard Hanna
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Real numbers from current MLS data. Not a third-party estimate.
Activity across 2 MLS listings of this property.
