Property Description

Rare three-unit mixed-use investment property with immediate income in place along Route 4 in Northwood's "Antique Alley" corridor. This well-maintained 5302+/- SF two-story building on 0.38 acres offers 259 feet of direct Route 4 frontage and three fully occupied units with established, long-term tenants: a first-floor antique/retail store with basement and garage access ($1,600/mo), a first-floor commercial office/non-profit space ($900/mo), and a second-floor 2-bedroom residential apartment with private garage ($1,600/mo), generating $49,200 in gross scheduled annual income, with rents currently below market offering immediate upside potential. Ideal property for an investor, owner-user, or 1031 exchange Buyer featuring strong Route 4 visibility and a deeded Right-of-Way to Northwood Lake with beautiful water views.

Property Features