970 Rte 17m Middletown, NY 10940-6757
This exceptional investment opportunity presents two magnificent buildings totaling 18,300 square feet for the price of one. The main building, located at 970 Route 17M in Middletown, NY, boasts 9,900 square feet of versatile retail and warehouse space. Currently operating as a restaurant equipment supply business, this building offers an open, flexible floor plan ideal for various uses. Features include high 12-foot ceilings, three overhead doors, loading docks, an office, multiple bathrooms, concrete floors, two heating systems, ample lighting, and a wide-open clear span. Extensive additional storage is also available. The property is in excellent, move-in ready condition and benefits from exceptional visibility from Route 17M. Its convenient location is just a half-mile from Route 17M, two miles from Middletown, three miles from Bloomingburg, and four miles from Route 84. The second building, encompassing 8,400 square feet, offers a wide-open floor plan currently used for storage. This building includes two large overhead doors, an office, and a bathroom. Both buildings share a substantial parking lot at the front and rear. This property represents a truly remarkable investment opportunity, ready for immediate occupancy and offering significant potential for growth and return. Don't miss this chance to acquire a dual-building property in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Middletown, NYMiddletown. Always verify with local authorities before improvements.
Costs & Benchmarks
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.