357 E Main Street, Middletown, NY 10940

$825,000.00
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MLS#H6184330
STATUSActive PROPERTY TYPECommercial - Office SCHOOLMiddletown
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Property Description

Net Leased Investment property with $57,324 in annual rental income. Tenant pays all expenses. This bank branch is located on a busy corner intersection of East Main Street and Carpenter Avenue. New building in excellent condition built in 2010. Drive through window and plenty of parking. Current 5 year lease with 3 years remaining and Three 5-year options to extend with escalations. Full basement and attic.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Days on Market: 90
Heating: Natural Gas, Heat Pump
Taxes: $19,942
Year Built: 2010

Feature Descriptions

Business Type: Office
Current Use: Office, Retail
Exterior: Frame
Green Sustainability: Frame
Hot Water: Gas Stand Alone
On Market Date: 2022-05-10
Parcel Number: 335200-074-000-0010-007.200-0000
Sewer: Public Sewer
Units: 1
Water: Public

Local Schools

School District: Middletown

Listed By / Shown By

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Listing By

Agency Name: Rand Commercial
Agent Name: John Lavelle
Agency Phone: (845) 524-2033

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