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536 E Main St

3,578 SF Retail Building Middletown, NY 10940 $800,000 ($224/SF)

Investment Highlights

  • Heavy day and evening traffic
  • All Equipment Included
  • Turn key for success

Executive Summary

Situated at the bustling corner of East Main Street and Dunning Road, this incredible restaurant space offers unparalleled visibility and proximity to key destinations. Just minutes from the highway interchange, Garnet Medical Center, the Middletown Galleria Mall, and surrounded by large retail stores and thriving residential communities, this location is a dream for any business. The beautifully appointed bar comes fully equipped with a tap, two sinks, coolers, refrigerators, and ambient lighting to create a welcoming atmosphere. The restaurant comfortably seats up to 85 patrons and offers additional space on the back patio, as well as in the stylish, paved parking area.Fully furnished with tables, chairs, and a well-stocked serving station, the restaurant is turn-key and ready to operate. The commercial kitchen is complete with four refrigerators, fryers, ovens, racks, and all necessary equipment, including a detached cold storage building for extra convenience. The spacious basement provides ample storage, including an ice machine. The property features over 40 paved parking spaces, beautifully landscaped grounds, and a newer natural gas furnace for efficient cooking. This is a rare opportunity in a high-demand location, offered as-is and fully equipped for immediate business. Don’t miss your chance to own a thriving restaurant in a prime location!

Taxes & Operating Expenses (Actual - 2024)

Annual Annual Per SF
Taxes $18,000 $5.03
Operating Expenses $10,000 $2.79

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual $18,000
Annual Per SF $5.03
Operating Expenses
Annual $10,000
Annual Per SF $2.79
Total Expenses
Annual $28,000
Annual Per SF $7.83

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,578 SF
Year Built/Renovated
1975/2010
Price
$800,000
Price Per SF
$224
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.63 AC
Zoning
Retail / Restaurant - Town Of Wallkill Zoning allow restaurants, special purpose, retail
Frontage
357 FT on East Main St

Amenities

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signalized Intersection
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Price Chopper
ConnectOne Bank
TD Bank
Crunch
Ruby Tuesday
Applebee's
Chase Bank
Red Lobster
Boston Market
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
335200-050-000-0002-007.110-0000
Land Assessment
$19,500 (2023)
Improvements Assessment
$42,500 (2023)
Total Assessment
$62,000 (2023)
Annual Taxes
$18,000 ($5.03/SF)
Tax Year
2024
  • Listing ID: 33152126

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 536 E Main St, Middletown, NY 10940

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