360 Route 211Middletown, NY 10940

Property Details for 360 Route 211

Year built

1979

Lot size

15.90 AC

Property size (Sq ft)

198,965 SF

Zone code

HC

Property type

Community centers

APN

335200 50-2-68

APU

33520050268

Description

This thriving liquor store in Middletown, NY, presents a remarkable investment opportunity. Located on a high-traffic section of Route 211 East, this established business boasts approximately $32,500 in gross monthly sales. The 3,000 square foot storefront benefits from ample parking and a loyal customer base. The sale includes all fixtures, decorations, and coolers. The current lease has six years remaining, with a five-year extension option. The business also includes established delivery services through Uber Eats, DoorDash, and Instacart, all of which are transferable to the new owner. Inventory is not included in the $220,000 asking price. This turnkey operation is perfect for a buyer looking for an established, profitable business with significant growth potential. The current owner is retiring, creating a unique opportunity for a seamless transition. This prime location and established clientele make this a truly exceptional investment. The property's address is 360 Route 211, Wallkill, NY 10940. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $72,656,208

  6.5%

  $67,067,268

  7%

  $62,276,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $65,952,204

  Geo Method

  $65,511,852

• Alternative Use

  Use

  Valuation

  Residential

  $56,573,748

  Hospitality

  $51,821,248

  Educational

  $43,114,672

  Medical

  $44,597,452

  Retail

  $67,067,268

Location Insight

City

Middletown

County

Orange

State

New York

Latitude

41.4541

Longitude

-74.3919

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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