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    FOR SALE
    Conventional restaurants

    2850 State Route 17K Middletown, NY 10941

    Built 1977
    Property ID
    US63-Q019463
    2850 State Route 17K, Middletown, NY 10941 For Sale 1 / 27
    $1,800,000
    2850 State Route 17K, Middletown, NY 10941
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    Property summary
    AI-generated overview

    MIDDLETOWN/TOWN OF CRAWFORD...MANY POSSIBILITIES FOR DEVELOPMENT FOR THIS SUPER HIGH TRAFFIC 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...

    Property profile
    Verified
    Property type Conventional restaurants
    Year built 1977
    UPID US63-Q019463
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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