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    5200 Route 9W

    Newburgh, NY 12550
    • $1,600,000
    • STATUS: Active
    • ON SITE: 123 days
    • MLS #: H6057346
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1916
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Multi facet investment or owner/operator opportunity in Town of Newburgh, NY. Part #1 of this 3 part investment consists of an in-force existing NNN ground lease on 1.5 acres that currently houses 9W Deisel Service. The 2nd part(Industrial) of this investment consists of a large 4,200 sqft 3 bay garage w/14 ft doors and high ceilings large enough for semi tractor trailers and large storage yard. This section is perfect for an owner/operator or as an investment for a NNN lease. This space can also be converted to flexspace/warehouse. Section #3 is residential. It consists of a tenant occupied original farm house built in 1916. There is also a barn near the primary residence with a section that was converted into a 1Bed, 1Bath apartment for additional income. This property offers exceptional cash flow for the investor as well as the potential for an owner/operator to occupy the garage/warehouse and storage yard area while collecting rental income from the additional assets.

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    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-11-25T00:17:16.773.
    www.baerhomes.com/homes/108200242
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    5200 Route 9W Newburgh, NY 12550

    • Price: $1,600,000
    • Status: Active
    • MLS #: H6057346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1916
    Built
    Neighborhood:
    Newburgh
    County:
    Orange
    Area:
    Newburgh
    School District:
    Newburgh
    Property Description
    Multi facet investment or owner/operator opportunity in Town of Newburgh, NY. Part #1 of this 3 part investment consists of an in-force existing NNN ground lease on 1.5 acres that currently houses 9W Deisel Service. The 2nd part(Industrial) of this investment consists of a large 4,200 sqft 3 bay garage w/14 ft doors and high ceilings large enough for semi tractor trailers and large storage yard. This section is perfect for an owner/operator or as an investment for a NNN lease. This space can also be converted to flexspace/warehouse. Section #3 is residential. It consists of a tenant occupied original farm house built in 1916. There is also a barn near the primary residence with a section that was converted into a 1Bed, 1Bath apartment for additional income. This property offers exceptional cash flow for the investor as well as the potential for an owner/operator to occupy the garage/warehouse and storage yard area while collecting rental income from the additional assets.
    Exterior Features

    Building Size 10000 Construction Materials Frame Loading Dock YN No

    Interior Features

    Cooling Central Air Cooling YN Yes

    Property Features

    Business Type Retail Property Sub Type Retail Property Type Commercial Sale Tax Annual Amount 10006.00 Zoning Description Commercial

    Listing courtesy of Jay Feinberg of Keller Williams Hudson Valley.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-11-25T00:17:16.773.
     
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    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960