1663 Route 300
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1663 Route 300 4,158 SF 100% Leased Retail Building Newburgh, NY 12550 $3,568,150 CAD ($858.14 CAD/SF)
INVESTMENT HIGHLIGHTS
- 1663 NYS Route 300 is a premier investment opportunity, prominently located on a 1-acre lot at the intersection of NYS Route 300 and NYS Route 32.
- Benefit from ample surface parking for over 40 vehicles with easy access to major highways, including the New York State Thruway and Route 84.
- Neighboring businesses, including Sunoco and Dunkin', enhance exposure and benefit from high visibility to over 25,000 daily passing vehicles.
- Well-maintained 4,160-square-foot building featuring a successful 60-seat Italian restaurant and two income-generating residential apartments.
- High-traffic location surrounded by nearly 74,000 residents within 5 miles, representing an average household income of over $103,750 annually.
- Conveniently located near Chadwick Lake Park, Resorts World Casino, New York Stewart International Airport, and Metro-North's Beacon station.
EXECUTIVE SUMMARY
1663 NYS Route 300 in Newburgh, NY, is a 4,160-square-foot commercial building currently home to a successful 60-seat Italian restaurant. With high visibility to more than 25,000 cars passing by daily, the property is an excellent investment opportunity on a prime 1-acre corner lot at the signalized intersection of NYS Route 300 and NYS Route 32. Two residential apartments are also included in the building, providing additional income potential.
The exceptionally maintained property offers ample surface parking and an efficient floor plan that includes a large dining area, commercial kitchen, office space, storage areas, and bathrooms. There's also ample surface parking for over 40 vehicles. Nearly 74,000 residents live within a 5-mile radius, representing an average household income that exceeds $103,750 annually.
Conveniently located near key services and attractions, including Chadwick Lake Park, Resorts World Casino, and New York Stewart International Airport, 1663 NYS Route 300 offers easy access to major roads like the New York State Thruway and Route 84, as well as Metro-North Railroad's Beacon train station, which is just 6.9 miles away. Neighboring businesses include a Sunoco station and Dunkin', further enhancing the site's visibility and accessibility. This is a prime location for continued business success or a variety of commercial uses.
The exceptionally maintained property offers ample surface parking and an efficient floor plan that includes a large dining area, commercial kitchen, office space, storage areas, and bathrooms. There's also ample surface parking for over 40 vehicles. Nearly 74,000 residents live within a 5-mile radius, representing an average household income that exceeds $103,750 annually.
Conveniently located near key services and attractions, including Chadwick Lake Park, Resorts World Casino, and New York Stewart International Airport, 1663 NYS Route 300 offers easy access to major roads like the New York State Thruway and Route 84, as well as Metro-North Railroad's Beacon train station, which is just 6.9 miles away. Neighboring businesses include a Sunoco station and Dunkin', further enhancing the site's visibility and accessibility. This is a prime location for continued business success or a variety of commercial uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,158 SF
Year Built
1985
Price
$3,568,150 CAD
Price Per SF
$858.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.96 AC
Zoning
B
Parking
40 Spaces (9.62 Spaces per 1,000 SF Leased)
Frontage
346’ on NY-300
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
2,185
24,435
73,787
123,539
2029 Population
2,237
24,997
74,745
125,121
2024-2029 Projected Population Growth
2.4%
2.3%
1.3%
1.3%
Median Age
42.3
42.9
38.6
39.9
College Degree + Higher
26%
31%
28%
17%
Daytime Employees
1,318
8,742
33,372
52,066
Total Businesses
178
1,096
3,747
6,254
Average Household Income
$110,444
$121,003
$103,755
$106,159
Median Household Income
$94,629
$105,048
$84,348
$85,757
Total Consumer Spending
$28.6M
$333.7M
$864.5M
$1.5B
2024 Households
768
8,827
26,497
45,894
Average Home Value
$307,496
$325,749
$320,739
$331,439
$ values in USD
PROPERTY TAXES
| Parcel Number | 334600-014-000-0001-046.221-0000 | Improvements Assessment | $185,631 CAD |
| Land Assessment | $68,609 CAD | Total Assessment | $254,240 CAD |
PROPERTY TAXES
Parcel Number
334600-014-000-0001-046.221-0000
Land Assessment
$68,609 CAD
Improvements Assessment
$185,631 CAD
Total Assessment
$254,240 CAD
1 of 15
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1663 Route 300
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.