Commercial Building with 2 Income Apartments

Turnkey Mixed-Use Investment for Sale: Income-Generating Deli, Convenience Store & 2 Apartments – 1461 NYS Route 22, Wingdale, NY ($425,000)

Executive Commercial Investment Summary

CR Properties Group is pleased to exclusively present a rare, high-yield commercial acquisition featuring a highly successful, turnkey family business paired with its underlying real estate asset. Offered at $425,000, this freestanding 3,690 SF multi-level mixed-use building is located at 1461 NYS Route 22, Wingdale, NY 12594 (Town of Dover, Dutchess County).

Originally built in 1970, this property has been home to a beloved local staple that has been in continuous, highly profitable operation for over 50 years. Sited on a 0.22-acre lot with premier highway placement, this unique property offers a rare dual-revenue stream: a thriving, fully equipped ground-floor retail business and two large, income-producing residential apartments on the upper level. This asset is the perfect addition for portfolio investors, family operators, or live-work business owners looking to secure a recession-proof foothold in the growing Hudson Valley market.

Ground-Floor Retail Asset: Fully Equipped Turnkey Deli & Convenience Store

The commercial space is a high-volume neighborhood hub operating as a full-service deli and convenience store, capturing consistent day-long foot traffic and commuter sales from breakfast through dinner.

Core Business Infrastructure & Highlights:

• Complete Commercial Kitchen Asset: Features a robust, fully operational back-of-house setup equipped with a high-capacity commercial grill, deep fryer, hood systems, prep stations, and extensive refrigeration lines.

• Diverse Retail Revenue Stream: The menu covers a wide spectrum of commuter favorites, including breakfast sandwiches, specialty wraps, burgers, hot and cold sandwiches, heroes, and customized platters.

• Convenience & Liquor Sales: Fully stocked market section offering snacks, grocery staples, candy, hot coffee, soda, water, and an active retail license to sell alcohol/beer.

• NYS Lottery Retailer Status: As an approved New York State Lotto destination, the storefront benefits from an entirely separate, built-in traffic driver that consistently draws local players into the retail space daily.

Upper-Level Residential Real Estate: Two Large Apartment Units

Positioned entirely separate from the ground-floor retail operations, the second level of the building provides outstanding residential real estate value that maximizes the property's gross rental income.

• Two Large Multi-Family Units: Features two independent 1,000 SF apartments (2,000 SF of total upper-level residential living space).

• Strategic Investment Flex: Both units are perfectly sized to command premium rental rates in a high-demand Dutchess County housing market. Investors can lease both out for passive cash flow, or a business owner can live in one unit while running the ground-floor deli, completely eliminating personal housing overhead.

Elite Route 22 Highway Traffic & Premium Commuter Logistics

Location and visibility are the ultimate catalysts for this property’s half-century of continuous success. Situated directly on NYS Route 22, the building sits within a high-exposure HC (Highway Commercial) Zoning District that commands an outstanding Average Daily Traffic Count of 9,770 AADT.

Unmatched Multi-Modal Transit Connections:

• Metro-North Wingdale Station (Harlem Line): Located a mere 1 minute away. This direct commuter rail connection provides a seamless, scenic 2-hour train ride straight into Manhattan's Penn Station, making the property incredibly attractive to downstate commuters and local tenants alike.

• New York / Connecticut State Border: Positioned just 7 minutes (4.6 miles) away, allowing the business to seamlessly pull customer volume and contractor traffic from western Connecticut.

• Interstate 84 Access: Located 19 minutes (13 miles) south, opening up rapid transit links to Putnam County, Orange County, and Connecticut's major shipping lines.

• Taconic State Parkway: Accessible in 22 minutes (14.9 miles), providing a direct, non-stop commuter link down through Westchester County and into New York City.

Detailed Location & Logistics Matrix

The Wingdale Advantage: Picturesque Dutchess County Charm

The hamlet of Wingdale is tucked beautifully within the Town of Dover in eastern Dutchess County. Celebrated for its rural character, rolling agricultural hills, and stunning valley views, the region is a favorite path for outdoor enthusiasts due to its immediate proximity to the world-famous Appalachian Trail. As part of the broader, historic Hudson Valley region, Wingdale seamlessly blends a tight-knit, quiet hometown atmosphere with strong economic connectivity, rendering it a highly stable environment for main-street commercial businesses.

Core Investment Highlights:

• 50+ Year Operational History: Purchase a stabilized retail legacy with deep local roots and immediate, day-one cash flow potential.

• True Mixed-Use Security: Diversified revenue model splits risk between an active convenience store/deli and two massive 1,000 SF residential apartments.

• Elite Route 22 Branding Exposure: Capitalize on nearly 10,000 passing vehicles daily in a high-growth Highway Commercial (HC) zone.

• Incredible Capital Value: Offered at just $425,000 for a multi-family asset, an established business infrastructure, a commercial kitchen, and real estate.