Classic Country Mercantile in Staatsburg, NY
Tucked in the Dutchess County hamlet of Staatsburg, this mercantile is the picture of a quintessential country lifestyle. The versatile retail space can function as a café, market, butcher shop, or general store, and features classic touches such as checkerboard tile floors and stainless steel finishes. In addition to the commercial space, this property has two residential income-producing apartments on the second level. The landlord-investor use yields a solid 7.63% cap rate, while an owner-operator business can achieve an impressive 28.32% cap rate based on current business sales.