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500 Main St

2.11 Acres of Commercial Land Offered at $2,100,000 in New Paltz, NY 12561

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Executive Summary

Introducing a prime development opportunity at 500 Main St, New Paltz, NY (Route 299). This 2.1 acre signalized corner development site is just off I-87 Exit 18 in the town of New Paltz. Located at the intersection of Route 299 and S Ohioville Road. Gateway Hamlet (GH) Commercial Zoning. Central Hudson electric to the site. The former College Diner was serviced by a drilled well and onsite septic system. Natural Gas line via Central Hudson is nearby on Route 299.

Offering Memorandum

2022 Survey Map

1989 Survey

Gateway Hamlet District

Property Facts

Price	$2,100,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Commercial Retail Office Mixed Use Bank Convenience Store Fast Food General Freestanding Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
No. Lots	1	Total Lot Size	2.11 AC

Price	$2,100,000
Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Bank Convenience Store Fast Food General Freestanding Restaurant Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
Total Lot Size	2.11 AC

1 Lot Available

Lot

Price	$2,100,000	Lot Size	2.11 AC
Price Per AC	$995,261

Price	$2,100,000
Price Per AC	$995,261
Lot Size	2.11 AC

1/2 Mile to I-87 Exit 18 Signalized Intersection Existing onsite improvements 315' of frontage on Route 299 Recent Engineering and site planning concepts available Owner willing to entertain subdivision of the property

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