This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

368 E Main St

3,011 SF 100% Leased Retail Building Middletown, NY 10940 £946,800 (£314/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,011 SF
Building Class
C
Year Built
1920
Price
£946,800
Price Per SF
£314
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
0.07
Land Acres
1.00 AC
Zoning
HC
Parking
32 Spaces (10.63 Spaces per 1,000 SF Leased)
Frontage
174 ft on Main St

Amenities

  • Air Conditioning
  • Balcony

Nearby Major Retailers

ConnectOne Bank
ShopRite
Chase Bank
HSBC
ALDI
Boston Market
Bank of America
Citizens Bank
Rent-A-Center
Golden Corral

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
335200-075-000-0004-002.000-0000
Land Assessment
£18,305
Improvements Assessment
£48,760
Total Assessment
£67,065
  • Listing ID: 31866223

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 368 E Main St, Middletown, NY 10940

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}