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Engel Funeral Home 5319 Route 9W 5,953 SF 100% Leased Retail Building Newburgh, NY 12550 $750,000 ($125.99/SF)
Investment Highlights
- Redevelopment Potential
- Large lot with abundant parking
- Flexible Zoning
Executive Summary
±6,000 SF of flexible commercial space in a highly desirable location on State Route 9W. Currently configured as an office/training facility on the first level with three residential apartments upstairs (one occupied), this property offers outstanding redevelopment potential. Extremely flexible commercial zoning, accommodating a wide range of uses, including retail, professional office, restaurant, cannabis dispensary, automotive uses, and more. With 18,000+ cars per day and excellent visibility, it would be a great location for a car wash or drive thru coffee (Starbucks etc). This is a standout opportunity for investors, owner-users, or developers seeking a high-visibility commercial property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
5,953 SF
Building Class
C
Year Built
1840
Price
$750,000
Price Per SF
$125.99
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.10
Lot Size
1.40 AC
Zoning
T-Newburgh - Business with LHI Overlay
Parking
100 Spaces (16.8 Spaces per 1,000 SF Leased)
Frontage
145’ on NYS Route 9W
Amenities
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Air Conditioning
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Engel Funeral Home | 5319 Route 9W
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