5512 Route 9W Newburgh, NY 12550
- Retail properties
- 8,500 SF
- 7.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5512 Route 9W
- Year built
- 1990
- Lot size
- 7.90 lot acres
- Property size
- 8,500 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 5512 Route 9W in Newburgh, NY, presents a unique investment opportunity. The 8,500 square foot building, constructed in 1990, sits on a 7.9-acre lot and boasts a 20-foot ceiling height. Currently operating as a highly successful and long-established Kawasaki motorcycle and ATV dealership, the business offers sales, service, and repair. The inventory of motorcycles, ATVs, and parts is sold separately. The property includes approximately one acre of commercially zoned land for the existing business and approximately five acres of residentially zoned land offering significant future development potential. The building features a single tenancy with 100% occupancy. The property's Net Operating Income (NOI) is $500,000, and the asking price is $1,650,000, resulting in a price per square foot of $194.12. The seller is offering owner financing. This prime location on heavily traveled Route 9W in Marlboro, NY (zip code 12550) provides excellent visibility and accessibility. The business also sells Artic Cat, Kimco, Stark, Buel, Argo, and Generac generators, as well as electric motorcycles from Spain, making it the only local dealer offering these high-powered bikes. The property's APN is 334600-008-000-0001-033.200-0000. This is a rare opportunity to acquire a profitable business with significant land for future expansion.
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
- 36071
- State
- New York
- Longitude
- -74.0535
- Latitude
- 41.5306
