3397 Route 6 Middletown, NY 10940

Property Details for 3397 Route 6

Lot size

1.20 lot acres

Property type

Commercial real estate

Description

This exceptional 1.2-acre commercial lot at 3397 Route 6, Middletown, NY, presents a remarkable investment opportunity. Priced at $240,000, the property offers significant potential for a variety of mixed-use developments. Approved plans from 2022 detail a proposed 6,000 square foot, two-story building. The first floor, encompassing 3,000 square feet, is ideally suited for a diverse range of commercial ventures, including but not limited to: banking, convenience stores, food service establishments, general retail, motor vehicle service facilities, restaurants, or bars. The second floor, mirroring the first floor's 3,000 square feet, is designed for residential use, potentially accommodating two or four apartments, generating substantial rental income. While updates to the existing plans may be necessary, the inherent potential for strong rental returns is undeniable. Beyond the approved plans, the property's zoning allows for additional uses, including agricultural operations, the retail sale of agricultural products (such as a farm market), warehouse space, and storage and distribution facilities. Interested parties are encouraged to obtain detailed zoning and construction information to fully explore the development possibilities of this prime Middletown location. This is a rare chance to acquire a versatile commercial property with substantial upside.