1663 Route 300 - Storefront Retail/Residential FOR SALE


Newburgh, NY 12550
$2,500,000 USD
845-375-3810
1663 Route 300, Newburgh, NY for Sale
$2,500,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

Mar '26


1663 Route 300
Newburgh, NY 12550


HIGHLIGHTS

  • 1663 NYS Route 300 is a premier investment opportunity, prominently located on a 1-acre lot at the intersection of NYS Route 300 and NYS Route 32.
  • Well-maintained 4,160-square-foot building featuring a successful 60-seat Italian restaurant and two income-generating residential apartments.
  • Benefit from ample surface parking for over 40 vehicles with easy access to major highways, including the New York State Thruway and Route 84.
  • High-traffic location surrounded by nearly 74,000 residents within 5 miles, representing an average household income of over $103,750 annually.
  • Secure a high-impact, high-traffic true marquee corner in a thriving commercial corridor with unrivaled exposure to over 25,000 vehicles per day.
  • Take advantage of highly flexible tailored financing opportunities such as owner financing and ground lease options for qualified buyers.

OVERVIEW

1663 NYS Route 300 is a 4,160-square-foot commercial asset for sale on a highly visible 1-acre corner lot in Newburgh, New York. Home to a successful 60-seat Italian restaurant, the property delivers a strong foundation for operators seeking a turnkey space with built-in versatility. The building’s efficient layout, featuring a spacious dining area, full commercial kitchen, office space, storage rooms, bathrooms, and parking for over 40 vehicles, supports a wide range of concepts. Perfect for multiple uses across retail, professional services, franchise operations, launching a flagship retail location, office, or service-based businesses. With two residential apartments generating additional income and flexible deal structures available, including owner financing and ground lease options, this asset offers a rare opportunity to secure a high-impact location with exceptional long-term growth potential. 1663 NYS Route 300 is situated at the signalized intersection of NYS Route 300 and NYS Route 32, two major thoroughfares featuring dedicated turn lanes that offer unrivaled exposure to approximately 25,000 daily vehicles. This strategic position in a true marquee corner supports both branding and operational efficiency. The surrounding area offers a diverse mix of attractions and essential amenities, including Chadwick Lake Park, Resorts World Casino, and Stewart International Airport. Major corridors such as the New York State Thruway and Route 84 offer great connectivity, while Metro-North Railroad’s Beacon station is just 6.9 miles away. Nearby retailers, including Sunoco and Dunkin’, add consistent foot and vehicle traffic. With nearly 74,000 residents living within a 5-mile radius and average household incomes exceeding $103,750 annually, the area offers an appealing demographic profile for operators seeking to capture a strong and stable customer base. Set within a thriving commercial corridor, 1663 NYS Route 300 benefits from a dynamic regional market. The neighborhood’s continuous growth, coupled with high traffic counts and strong spending power, positions the property as a strategic investment for operators seeking a marquee address with enduring appeal. 1663 NYS Route 300 offers a compelling foundation for future success and stands ready to support the next chapter of commercial activity in one of Newburgh’s most desirable corridors.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$601 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B

APN/PARCEL ID

334600-014-000-0001-046.221-0000

ASK ABOUT THIS PROPERTY

Lyra BlumenthalRE/MAX Benchmark Realty GroupMore Info
845-375-3810

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Lyra BlumenthalRE/MAX Benchmark Realty GroupMore Info
845-375-3810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.