For Sale
$2,799,000

22 Us-6Port Jervis, NY 12771

High-traffic retail strip center, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This 25,042 square foot, multi-tenant retail strip center in Port Jervis, NY presents a compelling redevelopment opportunity. Located at 22 US-6, this Class B property boasts 12 units with 80% occupancy and a modified lease structure. The current asking price is $2,799,000, translating to $111.77 per square foot. Situated on a 2.1-acre lot in Orange County, the property offers 162 parking spaces and benefits from direct access to I-84, experiencing a daily traffic count of 31,216 vehicles. The property is zoned IB and includes a passenger elevator for the anchor tenant. Currently, up to 3,000 square feet is available for immediate occupancy, with an additional 16,000 square feet becoming available before the end of 2022. An 11,000 square foot basement area offers further income potential, with a 4,000 square foot finished space previously used as a karate studio. The remaining lease term is one year. This location is ideal for a variety of uses, including fitness centers, healthcare facilities, daycare centers, or educational institutions. The property's prime location and significant potential for expansion make it an attractive investment for owner-users or developers seeking to capitalize on its high-traffic location and redevelopment possibilities. The APN is 332800-057-000-0002-014.000-0000.

Highlights

  • $2,799,000 asking price for a 25,042 square foot retail strip center.
  • Located at 22 US-6, Port Jervis, NY 12771, in Orange County.
  • Class B property with a Modified lease, 80% occupancy, and 12 units.
  • Features 162 parking spaces on a 2.1-acre lot, with potential for expansion.
  • Direct I-84 access in the Town of Deerpark Interstate Business Zone, offering high visibility and traffic (31,216 daily vehicles).
  • Suitable for redevelopment; up to 3,000 square feet immediately available, with an additional 16,000 square feet available by the end of 2022. An additional 11,000 square feet of unfinished basement space is also available.

Property Details for 22 Us-6

Property type
Neighborhood centers, Retail properties
Square Feet
25,042 SF
Class
B
Lot Size (sq. ft)
91,476 SF
Units
12

Location Insight

City
Port Jervis
County
Orange
State
New York
Latitude
41.3554919
Longitude
-74.6778259
22 Us-6, Port Jervis, New York

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22 Us-6
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