5316 Route 9WNewburgh, NY 12550

For Lease
$168,000/SF/YR

1.3 Acres, High Traffic, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This 1.3-acre commercial/industrial property in Orange County, NY, offers significant development potential. Currently featuring a 1,600 sq ft building (suitable for repurposing or demolition), the site boasts 206 feet of frontage on Route 9W, with an average daily traffic count of 20,000 vehicles. The B/LHI zoning allows for diverse uses including retail, restaurants, offices, banks, dispensaries, motor vehicle businesses (gas station, repair, car wash), hotels, motels, and daycare facilities. The property includes 40 parking spaces and is conveniently located 3 miles north of the Newburgh/Beacon Bridge. A portion of the land is currently leased for truck parking, offering an additional income stream for a potential buyer. The area is experiencing growth, with numerous nearby apartment complexes and further development planned. A recently constructed U-Haul storage facility across the street further underscores the area's commercial viability. This property presents a unique opportunity for investors and developers seeking a high-traffic location with flexible zoning and substantial development potential.

Highlights

  • 1.3-acre commercial/industrial lot in Orange County, NY with significant development potential.
  • 1,600 sq ft existing building (repurposable or demo-able).
  • 206' of frontage on Route 9W, 20,000 ADT.
  • B/LHI zoning allows diverse uses including retail, restaurants, and more.
  • 40 parking spaces.
  • 3 miles north of the Newburgh/Beacon Bridge.

Unit(s) available at that property

Space
Size
56,628 SF
Rate per SF
$168,000

Location Insight

City
Newburgh
County
Orange
State
New York
Latitude
41.557353793237
Longitude
-74.004046556146
5316 Route 9W, Newburgh, New York

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5316 Route 9W
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