1404 Union Ave Newburgh, NY 12550
- Neighborhood centers
- 34,610 SF
Current Use by Public Records
- Grade Insurance, New York / Insurance Agency / Auto Insurance Agency
- Dunkin' / Donut Shop / Coffee Shop
- Anytime Fitness / Yoga Studio
Property Details for 1404 Union Ave
- Year built
- 1995
- Property size
- 34,610 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional 34,610 square foot retail strip center, situated on a 5-acre lot in Orange County, presents a unique investment opportunity. Built in 1995, the property boasts a desirable Interchange Business (IB) zoning designation, ensuring flexibility for a variety of retail uses. The center offers multiple tenancies, with spaces ranging from a minimum of 2,624 square feet to a maximum contiguous space of 4,114 square feet. Currently, there is 10,838 square feet of vacant space available, providing immediate potential for new tenants. The ample parking provides a convenient 5.77 spaces per 1,000 square feet. This well-located center benefits from high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and exposure. The property's substantial size and flexible space options cater to a wide range of retail concepts, from smaller boutiques to larger retail establishments. Its established presence in a thriving Orange County market makes this a compelling investment opportunity with significant upside potential. The property's strategic location and ample parking ensure a positive experience for both tenants and customers. This is a rare chance to acquire a well-maintained retail center in a prime Orange County location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0691
- Latitude
- 41.5202
