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Restaurant Space
For Lease
$3,500/Mo

33 Center Street #29, Middletown, NY 10940

The owner is completing general construction; specialized tenant improvements remain the tenant’s responsibility.

Space SizeContact for details
Property Size3,279 SF
Days on Market76

Property Features for 33 Center Street #29

General Information

Standard status Active
Size 3,279 SF
Lease Term Over 12 Months

Property Condition

Severity Repairs Needed
Evidence removed the flooring and bar but is in the process to complete general construction work

Taxes and HOA fees

Annual Taxes $11,392

Building Details

Building Size 3,279 SF
Stories 2
Listing Agency: KW Hudson Valley United
Listed By: Jonathon Z. Lee
Source: Croninreale
Added: Aug 10 Changed: Oct 23 Last Checked: Oct 23 at 3:17PM

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 KW Hudson Valley United

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Investment Insights

Based on property information with market context.

This 3,279-square-foot restaurant space is undergoing general construction by the owner, with work intended to return it to restaurant use. The flooring and bar have been removed. Any further customization or specialized build-out would be completed by the tenant. The kitchen is small, a consideration for operators planning a restaurant concept.

At 33 Center Street in Middletown, the property sits across from City Hall and beside the public library. The space has previously operated as both a tavern and a restaurant.

Key Highlights

  • 3,279 square feet of restaurant space
  • Across from Middletown City Hall and beside the public library
  • Owner is undertaking general construction to prepare the space for restaurant use

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
$1.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,486
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 37%
Sunoco Shops & Services
4,521 visits/mo 0.4 miles
BP Shops & Services
3,699 visits/mo 0.5 miles
El Azteca Dining
3,555 visits/mo 0.2 miles
Little Caesars Pizza Dining
2,924 visits/mo 0.4 miles
Valero Energy Shops & Services
2,555 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Opening Soon — 3 South St, Middletown, NY 10940

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The owner is completing general construction; specialized tenant improvements remain the tenant’s responsibility.
Where is this conventional restaurant located?
The property is located at 33 Center Street #29 Middletown, NY.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: 3,279 square feet of restaurant space; Across from Middletown City Hall and beside the public library; Owner is undertaking general construction to prepare the space for restaurant use
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