For Sale
For Sale
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Total Building Size
10,000 RSF
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Overview
Located 1.6 miles north on the right on Rt 9W from the Newburgh Beacon Bridge exit. KW Commercial proudly presents this multi facet investment or owner/operator opportunity in desirable Town of Newburgh, NY. Part number one of this three part investment consists of an in-force existing triple net ground lease on 1.5 acres that currently houses 9W Deisel Service. The current tenant/operator is in the process of obtaining, and is pending approval within several months, a brand new to be built gas station/convenience store. The second section (Industrial) of this investment consists of a large 4,200 sqft 3 bay garage with 14 ft doors and high ceilings large enough for truck repair and semi tractor trailers. There is a large surrounding storage yard that comes with the garage. This section is perfect for an owner/operator or as an investment for triple net lease to a service and/or towing company. This space can also easily be converted to flexspace/warehouse. The last section is the residential portion of this unique opportunity. This section consists of a tenant occupied original farm house built in 1916. In addition to this home there is also a barn near the primary residence with a portion of the barn that was converted into a one bedroom, one bathroom 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.
Property Details
Mixed Use/Industrial Investment Opportunity - 5200 Rt 9W Newburgh
Located 1.6 miles north on the right on Rt 9W from the Newburgh Beacon Bridge exit. KW Commercial proudly presents this multi facet investment or owner/operator opportunity in desirable Town of Newburgh, NY. Part number one of this three part investment consists of an in-force existing triple net ground lease on 1.5 acres that currently houses 9W Deisel Service. The current tenant/operator is in the process of obtaining, and is pending approval within several months, a brand new to be built gas station/convenience store. The second section (Industrial) of this investment consists of a large 4,200 sqft 3 bay garage with 14 ft doors and high ceilings large enough for truck repair and semi tractor trailers. There is a large surrounding storage yard that comes with the garage. This section is perfect for an owner/operator or as an investment for triple net lease to a service and/or towing company. This space can also easily be converted to flexspace/warehouse. The last section is the residential portion of this unique opportunity. This section consists of a tenant occupied original farm house built in 1916. In addition to this home there is also a barn near the primary residence with a portion of the barn that was converted into a one bedroom, one bathroom 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.
- Property TypeIndustrial
- Submarket
- Sale Price$1,600,000
- Total Building Size10,000RSF
- Total Acres4.5
- Building ClassA
- Sale StatusAvailable
- Property ID2171400
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