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Restaurant Space Under Construction
New
For Lease
$3,500/Mo

33 Center Street, Middletown, NY 10940

COMMERCIAL - Middletown, NY

Space SizeContact for details
Lot Size0.06 Acres
Days on Market3

Property Features for 33 Center Street

General Information

Property type Commercial Lease
Property subtype Other
Rooms Basement
Basement Storage Space, Full, Unfinished
Elementary school Maple Hill Elementary School
Middle school Monhagen Middle School
High school Middletown High School
Elementary school district Middletown
Middle school district Middletown
High school district Middletown
Standard status Active
APN 330900-031-000-0008-023.000-0000
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11392

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Building materials Brick
Listing Agency: KW Hudson Valley United · Keller Williams Realty
Listed By: Jonathon Z. Lee
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 12 at 1:06AM
MLS# 1036767

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.

This restaurant space at 33 Center Street is undergoing general construction intended to restore its functionality for a future tenant. Flooring and the bar have been removed, while any specialized customization or additional build-out will remain the tenant’s responsibility. The existing kitchen is small and may require further work for a full restaurant operation; the space previously operated as both a tavern and a restaurant.

The property sits directly across from City Hall and next to the public library in Middletown. Construction is brick, with natural gas heat, central air, cable availability, public water, and public sewer. A basement is also included.

Key Highlights

  • Restaurant space at 33 Center Street, directly across from City Hall
  • Next to the public library in Middletown
  • General construction underway to restore restaurant functionality

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Law Firm Storage Facility Gym & Fitness 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

1,427
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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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Similar Off Market Nearby

  • Opening Soon 3 South St, Middletown, NY 10940

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Across from City Hall and beside the public library, this Middletown space offers a recognizable downtown setting for restaurant use.
Where is this conventional restaurant located?
The property is located at 33 Center Street Middletown, NY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Restaurant space at 33 Center Street, directly across from City Hall; Next to the public library in Middletown; General construction underway to restore restaurant functionality
More about this property
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