Description
A Prime Cairo Business District Development Opportunity! Seize the chance to invest in the resurgence and revitalization of Cairo with this highly visible, mixed-use property located in the heart of the business district. This is a rare development opportunity to create a 3 to 4 unit multi-use building with both commercial and residential income potential. This corner property is strategically situated at Main Street & Bross Street which previously offered 1-2 commercial/retail spaces on the ground floor (including a former barbershop area) and a studio apartment. The second Floor offered a spacious 2-bedroom, 1 1/2 bath residential apartment. The layout allows an investor to reimagine the property as a valuable mixed-use asset for Cairo's thriving business corridor. Unfortunately, this property was recently subjected to a fire on the second floor, resulting in extensive fire and water damage. The building has been secured, making this a quintessential ''blank canvas'' opportunity for a cash investor or developer. This is your chance to execute your dream vision and maximize returns by redeveloping a valuable corner lot in a prime location. The building boasts excellent walkability and proximity, essential for both commercial tenants and residents. It's located steps away from local eateries, bakeries, convenience stores, the Cairo Public Library, Angelo Canna Town Park, and Town Hall. It has great proximity to the area's destinations and attractions as it's 10 minutes to Green Lake, 15 minutes to Zoom Flume Water Park, 20 minutes to Windham Mountain, 30 minutes to Hunter Mountain, 15 minutes to Dutchman's Landing Park and the Hudson River, & 25 minutes to the Village of Saugerties. Due to the property's condition, agents and buyers must fill-out and sign a Hold Harmless Agreement to schedule a showing. Buyers and agents must fully review the available pictures, 3D virtual tours, floor plans, and the multi-media website prior to requesting a showing. View the virtual tour today and seize this opportunity to develop your dream business and a high-potential investment property!
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3BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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3,003SQFT
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$47$/SQFT
Description
A Prime Cairo Business District Development Opportunity! Seize the chance to invest in the resurgence and revitalization of Cairo with this highly visible, mixed-use property located in the heart of the business district. This is a rare development opportunity to create a 3 to 4 unit multi-use building with both commercial and residential income potential. This corner property is strategically situated at Main Street & Bross Street which previously offered 1-2 commercial/retail spaces on the ground floor (including a former barbershop area) and a studio apartment. The second Floor offered a spacious 2-bedroom, 1 1/2 bath residential apartment. The layout allows an investor to reimagine the property as a valuable mixed-use asset for Cairo's thriving business corridor. Unfortunately, this property was recently subjected to a fire on the second floor, resulting in extensive fire and water damage. The building has been secured, making this a quintessential ''blank canvas'' opportunity for a cash investor or developer. This is your chance to execute your dream vision and maximize returns by redeveloping a valuable corner lot in a prime location. The building boasts excellent walkability and proximity, essential for both commercial tenants and residents. It's located steps away from local eateries, bakeries, convenience stores, the Cairo Public Library, Angelo Canna Town Park, and Town Hall. It has great proximity to the area's destinations and attractions as it's 10 minutes to Green Lake, 15 minutes to Zoom Flume Water Park, 20 minutes to Windham Mountain, 30 minutes to Hunter Mountain, 15 minutes to Dutchman's Landing Park and the Hudson River, & 25 minutes to the Village of Saugerties. Due to the property's condition, agents and buyers must fill-out and sign a Hold Harmless Agreement to schedule a showing. Buyers and agents must fully review the available pictures, 3D virtual tours, floor plans, and the multi-media website prior to requesting a showing. View the virtual tour today and seize this opportunity to develop your dream business and a high-potential investment property!
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