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    OFF-MARKET
    Retail properties & Spaces

    Wallkill Ave, Middletown, NY 10940

    9,000 SF Built 1981
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property presents a rare opportunity to acquire two substantial buildings for the price of one, ideally situated on Wallkill Avenue in Middletown, NY. The main building, boasting 9,000 square feet, is perfectly suited for retail and warehouse operations. Currently utilized as a restaurant equipment supply business, this space features a flexible open floor plan with impressive 12-foot ceilings, enhancing its versatility. Three overhead doors and a loading dock facilitate efficient loading and unloading, while ample office space and multiple bathrooms cater to staff needs. Durable concrete floors, two heating systems, abundant lighting, and a wide-open clear span contribute to a functional and well-maintained environment. Significant additional storage space is also available. The building is in excellent, move-in condition and benefits from high visibility directly from Route 17M, ensuring strong foot and vehicle traffic. Its strategic location is further enhanced by its proximity to State Highway 17 (half a mile), Middletown (2 miles), Bloomingburg (3 miles), and Route 84 (3 miles). The second building, an 8,400 square foot warehouse, offers a similarly spacious and adaptable open floor plan. Both buildings utilize oil-fueled above-ground heating systems. This combined property presents a compelling investment opportunity with significant potential for diverse commercial uses. The asking price is $1,795,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1981
    Total area 9,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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