27 Maltese DR Active Save Request In-Person Tour Request Virtual Tour
Middletown,NY 10940
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 924493
Rental Info No
Annual Tax Amount $12,625
Lot Size 0.576 Acres
Acres 0.5764
Property Sub-Type Mixed Use
Source onekey2
Property Description
What an opportunity to OWN over 6000 square foot of retail and warehouse space RIGHT ON THE MIRACLE MILE OF ROUTE 211! Great visibility! (Legal address is the road behind the building 27 Maltese Drive). Plus, there's an added BONUS of a rent generated 3 bedroom apartment attached! Sellers have been working with an architect to create 3 STOREFRONTS! They are currently having all plans approved by the town. There is over 2000 square foot WAREHOUSE SPACE under the building that can be used for whatever concept you desire. There are endless possibilities! This would be a great flexible owner-user or investor opportunity on the Miracle Mile with options to (1) occupy one retail bay + storage and collect rent from the rest, or (2) fully lease as a multi-tenant investment and sell or refinance at a stabilized cap rate. DON'T MISS OUT on this great opportunity. Call to schedule your showing today. A listing realtor will try to attend the showing to give you the most information as possible.
Location
State NY
County Orange County
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None