For Sale
$799,000

402 Main St Middletown, NY 10940

Historic Office Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional two-story, 3,600 square foot office building is located at 402 E Main St, Middletown, NY 10940. Built in 1912 and renovated in 1984, this Class B property boasts a prime corner lot location on East Main Street, offering high visibility and accessibility. Currently 100% occupied by two tenants since August 1, 2022, this sale presents a unique sale-leaseback opportunity for the first-floor owner. The property features 15 parking spaces in a private lot behind the building, separate utilities, and sits on a 0.25-acre lot. The building is zoned HC and has an APN of 75-7-1.2. This is a multi-tenant property with three units in total. The asking price is $799,000, translating to $221.94 per square foot. This represents a strong investment opportunity in a desirable location. The building's excellent condition and high occupancy rate make it an attractive proposition for investors seeking a stable, income-generating asset. Don't miss this chance to acquire a well-maintained, historically significant commercial property in the heart of Middletown.

Highlights

  • $799,000 asking price for this 3,600 square foot office building.
  • Located at 402 E Main St, Middletown, NY 10940, this Class B property features a sale-leaseback opportunity.
  • The 100% occupied building boasts two tenants and 15 parking spaces.
  • Built in 1912 and renovated in 1984, this two-story building sits on a 0.25-acre lot.
  • The property includes three units and offers a price per square foot of $221.94.

Property Details for 402 Main St

Property type
Office properties
Square Feet
3,600 SF
Class
B
Year Built/Renovated
1912/1984
Buildings
1
Stories
2
Lot Size (sq. ft)
10,890 SF
Units
3

Location Insight

City
Middletown
County
Orange
State
New York
Latitude
41.4443086
Longitude
-74.3942775

FAQs

What type of property is this?
Office property - Historic Office Building, 100% Occupied
Where is the office property located?
The property is located at 402 Main St Middletown, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: $799,000 asking price for this 3,600 square foot office building.; Located at 402 E Main St, Middletown, NY 10940, this Class B property features a sale-leaseback opportunity.; The 100% occupied building boasts two tenants and 15 parking spaces.
How can I contact the broker?
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402 Main St
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