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1663 Route 300
Newburgh, NY 12550
Retail Property For Sale
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.
- Secure a high-impact, high-traffic true marquee corner in a thriving commercial corridor with unrivaled exposure to over 25,000 vehicles per day.
- 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.
- Take advantage of highly flexible tailored financing opportunities such as owner financing and ground lease options for qualified buyers.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,160 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1985/2012
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.00 AC
Zoning
B - Commercial
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
Property Taxes
| Parcel Number | 334600-014-000-0001-046.221-0000 | Improvements Assessment | $129,600 |
| Land Assessment | $47,900 | Total Assessment | $177,500 |
Property Taxes
Parcel Number
334600-014-000-0001-046.221-0000
Land Assessment
$47,900
Improvements Assessment
$129,600
Total Assessment
$177,500
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