14 Academy Avenue, Middletown, NY Other (MLS# PW-232946)

14 Academy Avenue, Middletown, NY Other

$499,000

Property Type: Commercial Sale Square Footage: 3,358 Status: Closed

Current Price: $499,000 List Date: 9/13/2023 Last Modified: 9/11/2024

Overview

Description

Huge opportunity to own a piece of prime commercial real estate on a busy road in Middletown, NY. This high traffic corner lot is home to a successful repair shop and car dealership. This lot is C3 zoning which makes the business opportunities here almost limitless. Used once as a laundromat, but potential to be anything from an arcade all the way to a vet clinic/hospital. From supermarket to daycare, the possibilities here are endless. The current facility use is approved for a 35 car resale lot and is an approved towing facility for the City of Middletown Police Department. This building boasts 4 mechanic lifts and 4 garage entrances. Also inside are three personal entry doors, a small kitchenette/break room, waiting room, a fenced in side yard and upstairs storage area which gives, Ceiling: 0-9FT,13-15FT

Supplements: plenty of space for all business types. Above ground oil tank and a waste oil heater in the main repair bay. Also available is a current NYS inspection machine and license which can be purchased separately as well as equipment and tools. Owners are retiring and are willing to negotiate on all business items inside the building. Priced to sell! Do n ... (Read more)

Listing Details MLS# PW-232946

General Property Information

SqFt. Above Grade (Legacy): 3358
Building Area Total: 3358
Living Area: 3358
Year Built: 1942
Lot Size Acres: 0.51
Water Body Name: None
Stories: Yes
List Price/SqFt: 148.6
Sold Price/SqFt: 148.6

Property Features

Building Features: Other Business Type: Auto Service; Barber/Beauty; Food & Beverage; Gas Station; Grocery; Medical; Professional/Office Construction Materials: Masonite Cooling: Wall/Window Unit(s) Current Use: Commercial Exterior Features: Private Yard; Storage Heating: Natural Gas; Oil Levels: One Listing Terms: Cash; Conventional Lot Features: Corner Lot; Near Public Transit Parking Features: On Site Possession: Negotiable Possible Use: Office; Retail Road Frontage Type: City Street Road Surface Type: Paved Roof: Other Sewer: Public Sewer Water Source: Public

Contract Information

Listing Contract Date: 2023-09-11

Location Tax and Legal

Street Number: 14
Street Name: Academy
Street Suffix: Avenue
County: Orange
State: NY
Postal Code: Other
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Huge opportunity to own a piece of prime commercial real estate on a busy road in Middletown, NY. This high traffic corner lot is home to a successful repair shop and car dealership. This lot is C3 zoning which makes the business opportunities here almost limitless. Used once as a laundromat, but potential to be anything from an arcade all the way to a vet clinic/hospital. From supermarket to daycare, the possibilities here are endless. The current facility use is approved for a 35 car resale lot and is an approved towing facility for the City of Middletown Police Department. This building boasts 4 mechanic lifts and 4 garage entrances. Also inside are three personal entry doors, a small kitchenette/break room, waiting room, a fenced in side yard and upstairs storage area which gives, Ceiling: 0-9FT,13-15FT

Status Change Information

Major Change Timestamp: 2024-08-10T14:05:51Z
Major Change Type: Status Change
Purchase Contract Date: 2023-11-03
Close Date: 2024-08-09
Close Price: 499000
Buyer Financing: Conventional

More Information

Building Features

Included In Contract: Building Only
Other: Yes

Location, Tax, and Legal

Street Additional Info: 14 Academy Ave, Middletown, NY 10940
Municipality: Other
Cnty&Muni Taxes (Legacy): 6602.11
School Tax Amount: 7971.36
Tax Annual Amount: 14573.47
Tax Assessed Value: 54200
Parcel Number: 330900.036.000-00
Zoning Description: Commercial

Construction Materials

Masonite: Yes

Cooling

Wall/Window Unit(s): Yes

Current Use

Commercial: Yes

Exterior Features

Private Yard: Yes
Storage: Yes

Heating

Natural Gas: Yes
Oil: Yes

Levels

One: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Near Public Transit: Yes

Parking Features

On Site: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Roof

Other: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Business Type

Auto Service: Yes
Barber/Beauty: Yes
Food & Beverage: Yes
Gas Station: Yes
Grocery: Yes
Medical: Yes
Professional/Office: Yes

Possible Use

Office: Yes
Retail: Yes

Listing Courtesy of Davis R. Chant - Milford

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