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Diner 5500 US Hwy 9w

3,707 SF Retail Building Newburgh, NY 12550 $1,019,161 CAD ($275 CAD/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,707 SF
Building Class
C
Year Built
1981
Price
$1,019,161 CAD
Price Per SF
$275 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.00 AC
Parking
52 Spaces (14.03 Spaces per 1,000 SF Leased)
Frontage
176 ft on Route 9W

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
334600-008-000-0002-027.100-0000
Land Assessment
$73,969 CAD
Improvements Assessment
$182,456 CAD
Total Assessment
$256,425 CAD
  • Listing ID: 32892648

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 5500 US Hwy 9w, Newburgh, NY 12550

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