Wallkill Ave, Middletown, NY 10940
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.