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Retail Space with Ductless Cooling
New
For Lease
$1,250/Mo

278 North Street, Middletown, NY 10940

Commercial Lease, Middletown, NY

Space Size700 SF
Lot Size0.09 Acres
Days on Market3

Property Features for 278 North Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning C-2
Elementary school district Middletown
Middle school district Middletown
High school district Middletown
Standard status Active
APN 330900-016-000-0007-022.000-0000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7502

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ductless
Water source Public

Building Details

Year built 1880
Floors in Building 1
Building materials Frame
Listing Agency: Real Estate Circuit Inc
Listed By: Regina Clark · License #31CL10942146
Added: Oct 14 Last Checked: Oct 16 at 7:06AM
MLS# 1062557

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.

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Investment Insights

Based on property information with market context.

This 700-square-foot retail space at 278 North Street has frame construction, forced-air heating, and ductless cooling. The building dates to 1880, with public water and public sewer service.

The space is in Middletown, New York, and is zoned C-2. The tenant is responsible for electric, water, and sewer expenses.

Key Highlights

  • 700 square feet of retail space
  • C‑2 zoning
  • Frame construction with forced‑air heating and ductless cooling

Property Analytics

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Current Use

Retail space

Suggested Use

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 38%
BP Shops & Services
3,699 visits/mo 0.2 miles
El Azteca Dining
3,555 visits/mo 0.4 miles
Little Caesars Pizza Dining
2,924 visits/mo 0.3 miles
Avis Budget Car Rental Shops & Services
301 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Middletown, NY

$22.93 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
4,200 SF
Avg Space Size

This space is priced 7% below the average of $22.93 /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 - The C-2-zoned space has tenant-paid electric, water, and sewer expenses.
Where is this retail space located?
The property is located at 278 North Street Middletown, NY.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 700 square feet of retail space; C‑2 zoning; Frame construction with forced‑air heating and ductless cooling
More about this property
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