185 Broadway Newburgh, NY 12550

This mixed-use property, fully renovated in 2024 and fully leased, presents an investment opportunity. The building features one street-level commercial space leased to a Fortune 2500 company, accompanied by four residential units above. Extensive renovations include a new roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, and windows. The property has municipal water, sewer, and gas connections. The ground floor space previously housed a laundromat and retains a 2" water line, making it suitable for tenants with high water usage, such as a laundromat, hair or nail salon, restaurant, or spa. The property benefits from high visibility, with over 15,000 cars passing by daily. Located on the Broadway corridor in the City of Newburgh, the area is undergoing economic development projects, including a new hotel and spa adaptive reuse assemblage planned a few blocks away. The city government is planning a deep port dock to accommodate large passenger cruise ships and utilize the nearby international airport. Highway access to two interstates and the MTA train station across the bridge facilitate commuting and visitation.