175 Main Street

Description:

Kelleher & Sadowsky is pleased to present this fully renovated mixed-use property for sale in the heart of downtown Webster.

This well-located asset features a beautifully updated two-bedroom apartment on the second floor and a ±3,800 SF restaurant space on the ground floor. The basement is leased on a tenant-at-will basis for storage, providing additional income.

The property generates approximately $55,000 annually in NOI, with the restaurant tenant contributing to the real estate taxes. A brand-new lease was recently signed for the restaurant space, and the tenant is currently underway with their interior buildout.

• Recent Capital Improvements (2024):
• Brand new sprinkler system
• Upgraded HVAC units and infrastructure
• New life safety and fire alarm systems
• New water heater
• Completely updated electrical system with separate metering for residential and commercial units
• New commercial kitchen hood system and grease trap
• New rear deck with secondary egress

This turnkey investment offers stable income with strong upside potential in a rapidly improving area.

Contact us today to schedule a tour!

Located in a prime retail area, this thriving neighborhood offers a perfect blend of small-town charm and modern amenities. Just minutes away from the picturesque Webster Lake, visitors and locals enjoy a variety of recreational activities. The location also boasts convenient access to major highways, connecting the area to surrounding towns and cities. With a bustling downtown district and a strong sense of community, this area is the ideal setting for a retail or free-standing building investment opportunity.

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