Mixed-Use Property in Middletown,
For Sale
$600,000
Pending
8 Franklin St 4, Middletown, NY 10940
Mixed-use property with retail, office space, and development potential.
Property Size10,763 SF
Lot Size0.71 Acres
Days on Market165
Property Features for 8 Franklin St 4
General Information
Standard status
Pending
Size
10,763 SF
Lot size
0.71 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,500
Building Details
Building Size
10,763 SF
Listing Agency:
KELLER WILLIAMS HUDSON VALLEY
(917) 747-6688
Listed By:
Jonathon Z. Lee
(917) 747-6688
Source:
Elliman
Added: Mar 10
Changed: Aug 14
Last Checked: Aug 21 at 12:58PM
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 HUDSON VALLEY
Investment Insights
Based on property information with market context.
Located in the center of Middletown, NY, this property at 4-8 Franklin St offers a large storage/retail space of 9179 square feet and a second-floor office space of 1524 square feet, situated on 0.71 acres. Zoned DMU (Downtown Mixed Use), the first floor is designated for commercial use, while the second floor and above can be used for either commercial or residential purposes. Given the property's size and central location, there is potential for developing multiple residential units, with a minimum requirement of 750 square feet per unit and 1.7 parking spaces per unit. Note that this property must be purchased together with the property at 12-14 Union St.
Key Highlights
- Large 9179 sqft storage/retail space.
- DMU (Downtown Mixed Use) zoning allows for commercial and/or residential development.
- Located in the center of the City of Middletown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,397
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail, office space, and development potential.
Where is this mixed-use property located?
The property is located at 8 Franklin St 4 Middletown, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Large 9179 sqft storage/retail space.; DMU (Downtown Mixed Use) zoning allows for commercial and/or residential development.; Located in the center of the City of Middletown.
