Wolfe
$2,550,000
449 East Main Street, Middletown, NY 10940
28,300 sqft
Building Size
3.7 acres
Lot Area
Details:
Description:
Invest in this 8 cap property with 3 buildings and steady long tenant history in great location
Near highway with road frontage on 2 roads in this rapidly growing area of the Town of Wallkill/Middletown New York
3 buildings with leases in place. The original CR Wolfe brick building is 9600 sf in excellent condition and was built in 1898 completely renovated. Great office distribution site with present tenant paying $55,000 year plus taxes until May 2023. 441 is single story 8700 sf (165x53) with loading dock and 10 foot ceilings but could be 14 feet. Heated and cooled and 3 phase electric. Tenant paying $60,000 yearly and 443 is 10000 (50x200) sf and (24x22) 528 sf entrance lobby. 7 years left on lease at $100,000 NN. Parking for 175 cars on this 3.7 acre parcel with water and sewer and no deferred maintenance. Total of 2 tax map nos. 441 and 443 are on SBL 50-2-24.12 and 449 is on 50-2-24.22.
Location
Gallery
