Prime Mixed-Use Investment Opportunity in the Heart of Putnam Valley Located at 1 Oscawana Lake Road, Putnam Valley, NY 10579, this highly visible mixed-use property offers a rare opportunity to own a cornerstone investment in one of Putnam Valley’s most walkable and sought-after locations. The property features a ground-level commercial restaurant with two separate residential units, providing multiple income streams and flexible use potential. Commercial Restaurant Space: 1,548 ± sq. ft., ideally situated at street level with excellent exposure and foot traffic Apartment #1: 1,248 ± sq. ft., located above the commercial space, ideal for owner occupancy or rental income Apartment #2: 581 ± sq. ft., a detached accessory building (“cottageâ€), offering privacy and additional rental appeal Set in the heart of Putnam Valley, the property enjoys strong walkability to nearby shops, services, and community amenities. Adding significant future value, a new public municipal parking lot is planned for construction at the former Sheriff’s Office site, greatly enhancing convenience for patrons and tenants. This property is well-suited for investors, owner-operators, or those seeking a mixed-use asset with long-term upside in a prime location. Don’t miss the opportunity to own this exceptional investment property in Putnam Valley.
Fair Housing Notice