2850 State Route 17K - Restaurant FOR SALE


Middletown, NY 10941
$1,999,999 USD
845-913-8247
2850 State Route 17K, Middletown, NY for Sale
$1,999,999 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

2850 State Route 17K
Middletown, NY 10941


HIGHLIGHTS

  • Great Location
  • Possible Development
  • Ease of Accessibility

OVERVIEW

.MANY POSSIBILITIES FOR DEVELOPMENT FOR THIS SUPER HIGH TRAFFIC LOCATION WITH APPROXIMATELY 5000 CARS/DAY & HIGH VALUE LOCATION ON 5 CORNERS ON 2.14 ACRES WITH 200' ROAD FRONT ACCESS FROM EACH ROAD...One side is State Route 17K and on the other side State Route 302. Sale includes 2 separate properties selling only together. One w/commercial successfully active on one level, fully equipped 80 seat restaurant building for the last 34 years open 7 days a week w/access from both roads & currently rented. On the other parcel is a single family home currently rented. Both properties have separate septic & common well for water. Restaurant has propane for heating fuel. House has oil for heating fuel. Buyer can be a restaurant operator or a developer w/possible (gas station w/convenience store, liquor store, Dunkin' Donuts w/drive-thru, car sales...etc.) plans to maximize the value of this super busy location in Orange County next to a gas station/convenience store...Easy access location w/ short drive to Middletown, I-84, Montgomery, Newburgh & Pine Bush and connecting Orange, Ulster and Sullivan counties...

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$1,140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Auto Dealership, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

BP

APN/PARCEL ID

332600-024-000-0001-050.400-0000

ASK ABOUT THIS PROPERTY

George KoudounasRE/MAX Benchmark Realty GroupMore Info
845-913-8247

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

George KoudounasRE/MAX Benchmark Realty GroupMore Info
845-913-8247

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