500 Main St New Paltz, NY 12561

This exceptional 2.11-acre commercial development site presents a unique investment opportunity in the thriving town of New Paltz, New York. Located at the highly visible intersection of Route 299 and S Ohioville Road, this property benefits from a signalized corner location, ensuring maximum exposure for any future development. Its strategic position just off I-87 Exit 18 provides easy access to major transportation routes, enhancing its appeal to a wide range of businesses. The site is zoned Gateway Hamlet (GH) Commercial, offering flexibility for various development projects. Existing infrastructure includes Central Hudson electric service to the site. While the previous occupant, the College Diner, utilized a drilled well and septic system, the property's proximity to a Central Hudson natural gas line on Route 299 offers convenient utility access for future construction. This prime location, combined with its generous size and favorable zoning, makes this a truly exceptional opportunity for investors seeking high-impact commercial development in a vibrant and growing community. The asking price for this exceptional property is $2,300,000. The address is 500 Main St, New Paltz, NY 12561, in Ulster County.