1404 Union AveNewburgh, NY 12550

Property Details for 1404 Union Ave

Year built

1995

Property size (Sq ft)

34,610 SF

Property type

Neighborhood centers

Property subtype

Retail properties

Description

This exceptional 34,610 square foot retail strip center, situated on a 5-acre lot in Orange County, presents a unique investment opportunity. Built in 1995, the property boasts a desirable Interchange Business (IB) zoning designation, ensuring flexibility for a variety of retail uses. The center offers multiple tenancies, with spaces ranging from a minimum of 2,624 square feet to a maximum contiguous space of 4,114 square feet. Currently, there is 10,838 square feet of vacant space available, providing immediate potential for new tenants. The ample parking provides a convenient 5.77 spaces per 1,000 square feet. This well-located center benefits from high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and exposure. The property's substantial size and flexible space options cater to a wide range of retail concepts, from smaller boutiques to larger retail establishments. Its established presence in a thriving Orange County market makes this a compelling investment opportunity with significant upside potential. The property's strategic location and ample parking ensure a positive experience for both tenants and customers. This is a rare chance to acquire a well-maintained retail center in a prime Orange County location.

Location Insight

City

Newburgh

County

Orange

State

New York

Latitude

41.5202

Longitude

-74.0691

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