368 E Main Street Middletown, NY $ 1,200,000
368 E Main Street
$ 1,200,000
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368 E Main Street

Middletown, NY, 10940
$ 1,200,000
Baths0.0 Sq 3,011

Monthly Estimate*

$ 7,976

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Studio

Commercial Property for sale in Middletown, NY

for $1,200,000. This 3,011 square foot building was built in 1920.

A fantastic opportunity to own a turnkey established business in the ever-growing medical corridor located in the Town of Wallkill. Brought down to the studs and lovingly rebuilt, this 3,000 + square foot quaint restaurant/coffee house has an amazing feel with hardwood floors throughout, exposed beams, reclaimed wood bar and cozy stone gas fireplace. With over 75 seating options including a dining hall, bar, loft and outdoor covered porch, this space is perfect for your lunch and dinner crowds as well as any small private events. With a fully renovated and owned commercial kitchen this space allows for a busy weekday lunch/dinner crowd as well as a very well-established brunch on the weekends. The building offers a fully equipped prep area in the walk out basement, newer walk-in's and plenty of dry storage. No expenses were spared when renovating including spray foam insulation, 4 individual Mini splits (kitchen and basement included) and a full HVAC system to handle the dining hall. The Beer and wine license are in place and the bar, which currently seats 12, could be expanded as well. The Restaurant also has a small retail section for the sale of their well known Irving Farm coffee, as well as the ability to handle both to-go orders and off sight catering giving multiple revenue streams to the savvy restaurant operator. A second-floor apartment offers a great space for an owner operator or can be leased out to offset the rent. With hardwood floors throughout, separate heat and electric this third-floor apartment offers a sperate entrance featuring a large living room, spacious bedroom, laundry and full bath. Come be part of the Middletown renaissance and make this well-established eatery your own. The real estate is being sold with the turnkey restaurant business.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,163

Style

Year Built

1920

Town/City

Middletown

County/Region

Orange

MLS | Web ID

H6308198

Features
General
High School District Middletown
NumberOfUnitsTotal 2
Lot Size Units Acres
Building Area Units Square Feet
Middle/Junior School District Middletown
Elementary School District Middletown
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* Excluded Features
List By
Christopher Ogden

Listing Agent

Realty Promotions Inc

Broker

chris@comehometoorangecounty.com

Email

Affordability Calculator

$9,156
Per Month
87%
13%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$1,180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099806 Elementary School
4099536 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$1,200,000 Listed Price

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368 E Main Street, Middletown, NY, 10940 is a Commercial Property for sale at $1,200,000 with 3,011 sqft. 368 E Main Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 10940 which is in Middletown, NY