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Corner Lot Retail Space with Two Entrances
For Lease
$1,800/Mo

248 North Street, Middletown, NY 10940

COMMERCIAL - Middletown, NY

Lot Size0.11 Acres
Days on Market18

Property Features for 248 North Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning C-2
Parking features Off Street, Offsite
Appliances Gas Water Heater
Lot features Corner Lot, Level
Elementary school district Middletown
Middle school district Middletown
High school district Middletown
Standard status Active
APN 330900-016-000-0008-010.000-0000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 7861

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

new windows
new vinyl floors
renovated bathroom
office area
open floor plan

Building Details

Year built 1900
Building materials Brick, Frame
Listing Agency: KW Hudson Valley United · Keller Williams Realty
Listed By: Sandra M. Arnez · License #10401301842
Added: Jul 14 Changed: Jul 30 Last Checked: Jul 31 at 1:06AM
MLS# 1025667

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

First-floor retail space on a storefront corner lot, offered in a fully operational condition for a business that fits the existing layout. The space has an open floor plan with new windows, ample lighting, and new vinyl floors. Two front entrances provide access from the street, and there is a renovated bathroom area with two private stalls plus a spacious office area.

Construction is brick with frame elements, and the property is heated with natural gas forced air. A gas water heater is included, and utilities include public water with public sewer available. Parking is listed as off-street and offsite.

The building was built in 1900 and is zoned C-2. It is currently operating as a hair salon, with nearby access to the bus station, shops, restaurants, SUNY/OCCC, and Touro College.

Key Highlights

  • C‑2 zoned corner lot retail space with two front entrances
  • First‑floor open floor plan with new windows, lighting, and new vinyl floors
  • Renovated bathroom area with two private stalls plus a spacious office area

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Tech Support Center

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

1,486
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Sunoco Shops & Services
8,646 visits/mo 0.5 miles
Sunoco Shops & Services
4,521 visits/mo 0.4 miles
BP Shops & Services
3,699 visits/mo 0.2 miles
El Azteca Dining
3,555 visits/mo 0.3 miles
Little Caesars Pizza Dining
2,924 visits/mo 0.2 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-2 zoned corner lot retail on the first floor with two front entrances, public utilities, and off-street parking.
Where is this retail space located?
The property is located at 248 North Street Middletown, NY.
What is the lease rate?
The lease rate is $1,800 /Mo.
What are key features of this property?
This property features: C‑2 zoned corner lot retail space with two front entrances; First‑floor open floor plan with new windows, lighting, and new vinyl floors; Renovated bathroom area with two private stalls plus a spacious office area
More about this property
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