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Historic Downtown Middletown Retail Space
For Lease
$1,200/Mo

23-27 W Main Street #1, Middletown, NY 10940

Retail space in a renovated historic landmark with high visibility.

Days on Market396

Property Features for 23-27 W Main Street #1

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $15,600
Listing Agency: RAND COMMERCIAL
Listed By: HILARY R. GOLDMAN
Source: Corcoran
Added: Jul 1, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RAND COMMERCIAL

Investment Insights

Based on property information with market context.

Located in downtown Middletown, this retail space benefits from high visibility, with over 10,000 cars and people passing by daily. The property is part of a historic landmark that has undergone recent renovations to its street facade, along with some interior updates. A municipal parking lot is located in the back, providing convenient access for customers. Adjacent to the building is a holiday square, a gathering place for city festivities throughout the year, which offers additional exposure during peak seasons. A traffic light next to the building further enhances visibility for businesses. The building is located in an area experiencing a renaissance, with the downtown district seeing significant growth in recent years. The available spaces are zoned DMU.

Key Highlights

  • High visibility location with over 10,000 cars and people passing daily.
  • Located in a historic landmark in downtown Middletown.
  • Recently renovated street facade and updated interior spaces.**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Tech Support Center Home Appliance Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,427
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 42%
El Azteca Dining
3,555 visits/mo 0.4 miles
Valero Energy Shops & Services
2,555 visits/mo 0.3 miles

Demographics for 10940, NY

52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value

Market

Lease Benchmarks for Middletown, NY

$21.43 /SF/Yr
Avg Asking Price
$13.2–$28 /SF/Yr
Price Range
7,362 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a renovated historic landmark with high visibility.
Where is this retail space located?
The property is located at 23-27 W Main Street #1 Middletown, NY.
What is the lease rate?
The lease rate is $1,200 /Mo.
What are key features of this property?
This property features: High visibility location with over 10,000 cars and people passing daily.; Located in a historic landmark in downtown Middletown.; Recently renovated street facade and updated interior spaces.**
More about this property
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