Multi Family 5+ in Orange County
| MLS Number | 1070775 |
|---|---|
| Address | 1402 Route 300, Newburgh, NY 12550 show map |
| Price | $2,800,000 show mortgage calculator |
| Acres | 2.7 |
| Year Built | 1973 |
| Est. Sq. Footage | 0 |
| Elementary School | Gardnertown Leadership Academy |
| Jr High-Middle School | Heritage Middle School |
| High School | Newburgh Free Academy |
| Estimated Taxes | $39,366 |
| Total Apt Units | 5 |
Prime commercial and industrial compound on 2.7 acres directly on the highly visible Route 300 corridor in Newburgh. This 16,760 SF property offers three distinct buildings and is ideal for an owner-user, an investor seeking multi-tenant income, or a live-work setup. Long the home of Sherwood Tile & Granite, the site has a proven record of supporting high-volume retail, heavy material storage, and contractor fulfillment. Building 1 is a finished retail showroom and design center with consultation counters, built-in display walls, and an open display floor. It also includes a private office suite and integrated warehouse space with an at-grade overhead door. Building 2 is a dedicated heavy-storage warehouse with commercial racking in place, designated loading bays, and reinforced structural capacity for pallet storage, fabrication, or distribution. Building 3 is a mixed-use showroom with a residential ranch style unit attached, offering on-site management or supplemental rental income. The lot offers ample parking, equipment staging, and truck turning, plus a central courtyard and prominent pylon signage on Route 300. The property operates on well and septic, with municipal town water and sewer available at the street, a significant value-add and development opportunity. Located about 5 miles from New York Stewart International Airport, with close access to I-84 and the NYS Thruway (I-87), making it an ideal regional supply hub for Orange, Dutchess, and Ulster counties.
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