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22690022
22690021

1663 NY-300, Newburgh, NY 12550

LB
NY 10301201617
RE/MAX Benchmark Realty Group
Listed by RE/MAX Benchmark Realty Group
$2,500,000
433 days on market
Updated 119 days ago

Villa Italia

Details
Property Type Hospitality, Retail
Sub Type Restaurant
Square Footage 4,160
Units 3
Broker Co-Op Yes
Class A
Stories 2
Acreage 1.000
Zoning b
Investment Type Owner/User

Prime Corner Location

Marketing description


INVESTMENT HIGHLIGHTS

  • 1663 NYS Route 300 is a premier investment opportunity, prominently located on a 1-acre lot at the intersection of NYS Route 300 and NYS Route 32.

  • Benefit from ample surface parking for over 40 vehicles with easy access to major highways, including the New York State Thruway and Route 84.

  • Neighboring businesses, including Sunoco and Dunkin', enhance exposure and benefit from high visibility to over 25,000 daily passing vehicles.

  • Well-maintained 4,160-square-foot building featuring a successful 60-seat Italian restaurant and two income-generating residential apartments.

  • High-traffic location surrounded by nearly 74,000 residents within 5 miles, representing an average household income of over $103,750 annually.

  • Conveniently located near Chadwick Lake Park, Resorts World Casino, New York Stewart International Airport, and Metro-North's Beacon station.

EXECUTIVE SUMMARY

1663 NYS Route 300 in Newburgh, NY, is a 4,160-square-foot commercial building currently home to a successful 60-seat Italian restaurant. With high visibility to more than 25,000 cars passing by daily, the property is an excellent investment opportunity on a prime 1-acre corner lot at the signalized intersection of NYS Route 300 and NYS Route 32. Two residential apartments are also included in the building, providing additional income potential.

The exceptionally maintained property offers ample surface parking and an efficient floor plan that includes a large dining area, commercial kitchen, office space, storage areas, and bathrooms. There's also ample surface parking for over 40 vehicles. Nearly 74,000 residents live within a 5-mile radius, representing an average household income that exceeds $103,750 annually.

Conveniently located near key services and attractions, including Chadwick Lake Park, Resorts World Casino, and New York Stewart International Airport, 1663 NYS Route 300 offers easy access to major roads like the New York State Thruway and Route 84, as well as Metro-North Railroad's Beacon train station, which is just 6.9 miles away. Neighboring businesses include a Sunoco station and Dunkin', further enhancing the site's visibility and accessibility. This is a prime location for continued business success or a variety of commercial uses.


Listing Contacts

LB
NY 10301201617
RE/MAX Benchmark Realty Group
Listed by RE/MAX Benchmark Realty Group

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Additional Information

Name
Lyra Blumenthal
License
10301201617
Brokerage
REMAX Benchmark Realty Group
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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