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Mixed-Use Property in Middletown, NY
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 Market179

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 Realty & United
Listed By: Jonathon Z. Lee
Source: Elliman
Added: Mar 10 Changed: Sep 3 Last Checked: Sep 1 at 9:03PM

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 Realty & United

Investment Insights

Based on property information with market context.

This mixed-use property, located at 4-8 Franklin St in Middletown, NY, features a 9179 sqft storage/retail space and a 1524 sqft second-floor office space, situated on 0.71 acres. The property is located in the center of the City of Middletown. Zoned DMU (Downtown Mixed Use), the first floor is designated for commercial use, while the second floor and above can be used for commercial or residential purposes. Given the property's size and central location, there is potential for developing multiple residential units, subject to a minimum unit size of 750 sqft and a parking requirement of 1.7 spaces per unit. Please note that this property must be purchased together with the property located at 12-14 Union St.

Key Highlights

  • Large 9179 sqft storage/retail space.
  • Prime location in the center of Middletown.
  • DMU (Downtown Mixed Use) zoning allows for commercial and/or residential development.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Locksmith Tech Support Center Home Appliance Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,397
Businesses Nearby

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
Rey
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.; Prime location in the center of Middletown.; DMU (Downtown Mixed Use) zoning allows for commercial and/or residential development.
More about this property
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