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Investment Highlights

  • Great Location
  • Ease of Accessibility
  • Possible Development

Executive Summary

.MANY POSSIBILITIES FOR DEVELOPMENT FOR THIS SUPER HIGH TRAFFIC LOCATION WITH APPROXIMATELY 5000 CARS/DAY & HIGH VALUE LOCATION ON 5 CORNERS ON 2.14 ACRES WITH 200' ROAD FRONT ACCESS FROM EACH ROAD...One side is State Route 17K and on the other side State Route 302. Sale includes 2 separate properties selling only together. One w/commercial successfully active on one level, fully equipped 80 seat restaurant building for the last 34 years open 7 days a week w/access from both roads & currently rented. On the other parcel is a single family home currently rented. Both properties have separate septic & common well for water. Restaurant has propane for heating fuel. House has oil for heating fuel. Buyer can be a restaurant operator or a developer w/possible (gas station w/convenience store, liquor store, Dunkin' Donuts w/drive-thru, car sales...etc.) plans to maximize the value of this super busy location in Orange County next to a gas station/convenience store...Easy access location w/ short drive to Middletown, I-84, Montgomery, Newburgh & Pine Bush and connecting Orange, Ulster and Sullivan counties...

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,754 SF
Building Class
C
Year Built
1977
Price
$2,717,539 CAD
Price Per SF
$1,549.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.72 AC
Zoning
BP

Amenities

  • Corner Lot
  • Restaurant
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
332600-024-000-0001-050.400-0000
Land Assessment
$29,586 CAD
Improvements Assessment
$105,468 CAD
Total Assessment
$135,053 CAD
  • Listing ID: 30661935

  • Date on Market: 2024-01-14

  • Last Updated:

  • Address: 2850 State Route 17K, Middletown, NY 10941

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