467 BroadwayNewburgh, NY 12550

For Sale
$2,500,000

Fully Leased, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
40
This exceptional investment opportunity presents a fully leased, 20,016 square foot retail property located at 467, 469, 471, and 473 Broadway in Newburgh, New York, listed at $2,500,000. The property benefits from a high-traffic location and boasts established anchor tenants, including the United States Post Office and H&R Block, ensuring a steady income stream. The ground floor is occupied by the Post Office, which includes a dedicated loading dock for efficient operations. The second floor offers additional income potential with multiple office spaces currently available for lease, suitable for a variety of professional or creative businesses. Ample parking is provided with a spacious rear lot accommodating 36 vehicles. This well-maintained property represents a strong investment opportunity in a thriving commercial area, offering excellent upside potential for the discerning investor. The property sits on a lot with zero acres. This is a cornerstone property in a prime location, offering a secure and profitable investment. The property's strong tenant base and high visibility make it an attractive asset for long-term growth and passive income generation.

Property Details for 467 Broadway

Property type
Retail properties, Other retail properties
Square Feet
20,016 SF
Year Built
1960

Location Insight

City
Newburgh
County
Orange County
State
New York
Latitude
41.50095
Longitude
-74.0294
467 Broadway, Newburgh, New York

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467 Broadway
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