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633 Rt-211 16,938 SF 95% Leased Office Building Middletown, NY 10941 $2,995,000 ($176.82/SF)
Investment Highlights
- High visibility and traffic location
- NYS Traffic count of 17,490 vehicles/day
- Municipal water/sewer, Natural Gas
- 1/2 mile to Exit 120 on Rt. 17/Future I-86
- .8 miles to Metro North Middletown train station
- Passenger elevator for full handicap accessibility to all 3 floors
Executive Summary
Execeptional opportunity to purchase this 3 story office building located directly on Rt 211 across from the new Adams Fairacre Farms and less than 1 mile to Exit 120 on Rt 17/Future I-86. Nestled on a 1.5 acre lot with 232 ft of clear frontage on busy Rt. 211 with a daily traffic count of 17,490 vehicles and growing providing great exposure. Paved parking lot to accomodate approx 60 vehicles. The building is fully handicap accessible with elevator access to all 3 floors and has a wet sprkinler system. New roof was installed in 2020. Municipal water/sewer and Natural Gas HVAC heating systems with Central A/C for maximum comfort as well. Current use is professional office with some medical office space. Explore the possibility to purchase as an owner/user or the potential to negotiate leases with current tenants to remain and add a great investment property to your portfolio. Contact listing agent for NDA to receive financial information or to schedule a showing.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
16,938 SF
Building Class
C
Year Built
1985
Price
$2,995,000
Price Per SF
$176.82
Percent Leased
95%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,646 SF
Building FAR
0.26
Lot Size
1.50 AC
Zoning
TC - Located in the Town Center (TC) zoning in the Town of Wallkill, Orange County, NY
Parking
60 Spaces (3.54 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 335200-041-000-0001-066.210-0000 | Improvements Assessment | $235,000 |
| Land Assessment | $75,000 | Total Assessment | $310,000 |
Property Taxes
Parcel Number
335200-041-000-0001-066.210-0000
Land Assessment
$75,000
Improvements Assessment
$235,000
Total Assessment
$310,000
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633 Rt-211
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