5500 US Hwy 9w - Restaurant FOR SALE


Newburgh, NY 12550
$650,000 USD
914-309-9383
5500 US Hwy 9w, Newburgh, NY for Sale
$650,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

5500 US Hwy 9w
Newburgh, NY 12550


OVERVIEW

Endless Possibilities with this Diner on Route 9W (17k cars daily) ADA compliant commercial building. 4 miles from U.S. I 84. The dining room has seating for 120 people with parking for 70 cars. Within 7 miles, there are 150k plus residents with a median age of 36.8 years old. The average income for those 55,000+ households is $70k+ This property is located within 3 miles of two major employers: Dammerskan Energy and the NYC Dept of Environment & Conservation. It is also within 2 miles of two large housing developments: Parr Valley Condominiums and Orchard Hills Landing with over 500+ condos. Owner willing to hold a note for 20 yrs with a substantial down payment.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Diner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

334600-008-000-0002-027.100-0000

ASK ABOUT THIS PROPERTY

Luis FernandezEXP RealtyMore Info
914-309-9383

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Luis FernandezEXP RealtyMore Info
914-309-9383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.