• 5200 Rt 9W, Newburgh, NY 12550

For Sale

Industrial

For Sale

This property is available for sale
4.5
Acres
$1,600,000
Sale Price
  • Total Building Size
    10,000 RSF
  • 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.

Contact or Call

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 Type
    Industrial
  • Submarket
  • Sale Price
    $1,600,000
  • Total Building Size
    10,000RSF
  • Total Acres
    4.5
  • Building Class
    A
  • Sale Status
    Available
  • Property ID
    2171400

Landlord's Sales Representatives

  • Jay Feinberg
     
  • James Walker, CCIM 2
    Tru Agent Real Estate