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Open-Plan Retail Space
For Lease
$4,500/Mo Modified Gross

245 Broadway, Newburgh, NY 12550

BC zoning and Broadway frontage support a range of retail, office, and professional service uses.

Space Size6,900 SF - 16,000 SF
Days on Market375

Property Features for 245 Broadway

General Information

Standard status Active
Size 6,900 SF - 16,000 SF
Net Rentable 6,900 SF
Zoning BC
Lease Type Modified Gross
Lease Term 12 Months

Space & Availability

Available Space 6,900-16,000 SF
Contiguous Space 6,900 SF
Space Use Office

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1.00

Building Details

Building Size 16,000 SF
Listing Agency: Keller Williams Realty
Listed By: Craig Pelsue
Source: Croninreale
Added: Oct 15, 2025 Changed: Oct 23 Last Checked: Oct 23 at 6:05PM

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

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Investment Insights

Based on property information with market context.

This Broadway commercial space in Newburgh offers more than 6,900 square feet of open area and offices, with natural light. Existing kitchen connections include gas, sewer, and water stubs, along with a hood system. The BC-zoned space is offered on a modified gross lease, with the tenant responsible for utilities.

Additional space above and beside the premises is available; the combined area can reach 16,000 square feet.

Key Highlights

  • More than 6,900 SF of open area and offices
  • Broadway frontage in Newburgh, NY 12550
  • 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 Home Appliance Store

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
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

$22.68 /SF/Yr
Avg Asking Price
$14.29–$36.7 /SF/Yr
Price Range
2,333 SF
Avg Space Size

This space is priced 85% below the average of $22.68 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - BC zoning and Broadway frontage support a range of retail, office, and professional service uses.
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: More than 6,900 SF of open area and offices; Broadway frontage in Newburgh, NY 12550; BC zoning
More about this property
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