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Retail Space with Office Areas
For Lease
$4,500/Mo Modified Gross

245 Broadway, Newburgh, NY 12550

Flexible commercial space with natural light, BC zoning, and existing infrastructure for a kitchen-oriented layout.

Space Size16,000 SF
Days on Market319

Property Features for 245 Broadway

General Information

Standard status Active
Size 16,000 SF
Zoning BC
Lease Type Modified Gross
Lease Term 12 Months

Space & Availability

Space Use Office
Sublease No

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1.00

Amenities

natural light

Building Details

Building Size 16,000 SF
Listing Agency: Keller Williams Realty
Listed By: Craig Pelsue
Source: Callexitfirst
Added: Oct 15, 2025 Changed: Aug 28 Last Checked: Aug 28 at 11:29AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This retail space at 245 Broadway offers approximately 6,900 SF of open area and office space within a larger commercial setting. The layout supports retail, office, and professional-service uses, with strong natural light throughout. Existing kitchen-area connections include gas, sewer, water, and a hood system, providing useful infrastructure for an occupant whose operations require those features.

Additional space above and beside the premises may be available, creating up to 16,000 square feet of combined space. The property is located in Newburgh and has frontage on Broadway. BC zoning applies. The lease is structured as modified gross, with the tenant responsible for utilities. Showings require 24–48 hours’ notice and attendance by the owner’s broker.

Key Highlights

  • Approximately 6,900 SF of open area and offices
  • Broadway frontage in Newburgh
  • BC zoning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Nursing Home

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

Yes
Paved road access
Yes
Utilities to site
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,905
Businesses Nearby

Demographics for 12550, NY

55,869
Population
22,204
Households
2.5
Avg Household Size
37
Median Age
26%
College-Educated
86%
High-School Grad
34.7 sq mi
ZIP Area
1,610
Density / Sq Mi
$78,019
Median Household Income
$40,762
Median Earnings
$1,466
Median Rent
$297,400
Median Home Value

Market

Lease Benchmarks for Newburgh, NY

$19.88 /SF/Yr
Avg Asking Price
$11.43–$32.5 /SF/Yr
Price Range
3,759 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with natural light, BC zoning, and existing infrastructure for a kitchen-oriented layout.
Where is this retail space located?
The property is located at 245 Broadway Newburgh, NY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approximately 6,900 SF of open area and offices; Broadway frontage in Newburgh; BC zoning
More about this property
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