33 Trust Way, Middletown, New York 10940

Description:

Property Description

Discover an exceptional commercial development opportunity in the heart of Orange County at 33 Trust Way, Middletown, NY. This prime property, currently home to Orange Bank & Trust Company, offers outstanding visibility and accessibility in a high-traffic, high-growth area. With the bank set to relocate within the area, they will lease back the property at $10,000/month NNN on a month-to-month basis, ensuring immediate income during the development phase.

This rare two-parcel offering presents incredible potential:



Parcel 1 (2.7 acres, SBL 50-2-59): Features 364 feet of road frontage on Schutt Rd., 321 feet on Trust Way, and 306 feet on Dunning Rd., making it an ideal location for businesses seeking maximum exposure.


Parcel 2 (1.8 acres, SBL 50-2-60): A vacant commercial lot with 203 feet of frontage on Trust Way and 234 feet on Schutt Rd., further expanding development possibilities.



Strategically positioned near major highways, shopping centers, and medical facilities, this property is perfect for a variety of uses, including professional offices, retail establishments, restaurants, and medical facilities. A conceptual site plan is available, showcasing the property’s development potential.

Please note: A 10-year restriction applies to banking institutions.

This is a rare opportunity to acquire a premier commercial asset in one of the region’s most desirable business districts. Don’t miss your chance to invest in a property with limitless potential!


Located in the thriving business district of Middletown, NY, the area surrounding 33 Trust Way offers an exceptional blend of commercial, retail, and residential development. Situated in the Town of Wallkill, this high-growth corridor provides unparalleled access to major highways, making it a prime location for businesses seeking visibility and convenience.

Strategic Location & Accessibility



Highways & Transportation: Easy access to Route 17, Interstate 84, and the New York State Thruway, ensuring seamless connectivity to regional markets.


Proximity to Key Amenities: Located near premier shopping centers, medical facilities, corporate offices, and hospitality services, enhancing the area’s appeal to businesses and consumers alike.


Growing Population & Workforce: The region continues to experience significant residential and commercial expansion, driving demand for retail, office, and service-based businesses.



Economic & Business Growth



Home to national retailers, banks, restaurants, and professional service firms, fostering a dynamic economic environment.


Strong local workforce with access to skilled professionals across various industries.


Ongoing infrastructure investments and development projects contribute to long-term economic stability and business growth.



Quality of Life & Community



A well-balanced mix of suburban and urban amenities, with parks, entertainment, and dining options readily available.


Highly-rated schools and healthcare facilities support both residents and employees in the area.


A business-friendly municipality offering development incentives and support for commercial ventures.



With a prime location, strong economic foundation, and a rapidly growing community, the area surrounding 33 Trust Way presents an outstanding opportunity for businesses looking to establish or expand their presence in Orange County, NY.


Prime Commercial/Retail Development Opportunity



Located at 33 Trust Way, Middletown, NY, in the thriving business district of the Town of Wallkill.


High-visibility location with significant road frontage on Schutt Rd., Trust Way, and Dunning Rd.



Two-Piece Parcel Offering



Parcel 1 (SBL 50-2-59): 2.7 acres with existing Orange Bank & Trust Company branch.


Parcel 2 (SBL 50-2-60): 1.8-acre vacant commercial lot with additional frontage.



Immediate Income Potential



Orange Bank & Trust Company to lease back at $10,000/month NNN on a month-to-month basis until relocation is complete.



Zoning & Development Potential



Zoning: Town Center (TC), allowing for a mix of professional offices, retail, restaurants, and medical facilities.


Proposed conceptual site plan available.


10-year banking institution restriction applies.



Strategic Location & Accessibility



Easy access to Route 17, I-84, and the New York State Thruway.


Close proximity to major shopping centers, medical facilities, corporate offices, and hospitality services.


Strong local workforce and a growing population driving demand for commercial space.



Investment Potential



Rare opportunity to acquire a premier commercial asset in a high-traffic, high-growth area.


Ideal for investors, developers, and owner-operators seeking a prime location in Orange County, NY.