2850 State Route 17K, Middletown, NY 10941
- Retail properties & Spaces
- 1,754 SF
- 1.14 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 2850 State Route 17K
- Year built
- 1977
- Lot size
- 1.14 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional commercial real estate opportunity in Middletown, NY, presents a unique investment prospect. Situated on a highly visible 1.14-acre lot at the intersection of State Route 17K and State Route 302, this property boasts approximately 200 feet of road frontage on each road, experiencing an estimated 5,000 cars per day. The sale includes two separate parcels, sold together. One parcel features a fully operational, 80-seat restaurant, successfully operating for 34 years, currently leased and accessible from both roadways. The restaurant is equipped for operation and has been open seven days a week. The second parcel contains a single-family home, also currently rented. Both properties share a common well for water and have separate septic systems. The restaurant utilizes propane for heating, while the house uses oil. This prime location offers numerous development possibilities, including but not limited to a gas station with a convenience store, liquor store, a drive-thru establishment like a Dunkin' Donuts, or a car dealership. Its strategic location provides easy access to Middletown, I-84, Montgomery, Newburgh, and Pine Bush, connecting Orange, Ulster, and Sullivan counties. The total building square footage is 1,754 square feet. This is a rare chance to acquire a high-traffic, high-value commercial property with significant potential for growth and diverse uses. The asking price is $1,999,999.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange County
- State
- New York
- Longitude
- -74.3622
- Latitude
- 41.5428
