Diner | 5500 US Hwy 9w
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Diner 5500 US Hwy 9w
3,707 SF Retail Building Newburgh, NY 12550 $719,000 ($194/SF)
Executive Summary
Endless Possibilities with this Diner on Route 9W (17k cars daily) ADA compliant commercial building. 4 miles from U.S. I 84. The dining room has seating for 120 people with parking for 70 cars. Within 7 miles, there are 150k plus residents with a median age of 36.8 years old. The average income for those 55,000+ households is $70k+ This property is located within 3 miles of two major employers: Dammerskan Energy and the NYC Dept of Environment & Conservation. It is also within 2 miles of two large housing developments: Parr Valley Condominiums and Orchard Hills Landing with over 500+ condos. Owner willing to hold a note for 20 yrs with a substantial down payment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,707 SF
Building Class
C
Year Built
1981
Price
$719,000
Price Per SF
$194
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
1.00 AC
Parking
52 Spaces (14.03 Spaces per 1,000 SF Leased)
Frontage
176 FT on Route 9W
PROPERTY TAXES
| Parcel Number | 334600-008-000-0002-027.100-0000 | Improvements Assessment | $129,500 |
| Land Assessment | $52,500 | Total Assessment | $182,000 |
PROPERTY TAXES
Parcel Number
334600-008-000-0002-027.100-0000
Land Assessment
$52,500
Improvements Assessment
$129,500
Total Assessment
$182,000
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Luis Fernandez -
EXP Realty
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Diner | 5500 US Hwy 9w
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