Historic mixed use property for Sale!
Located at 5319 Route 9W in Newburgh NY, this multi-story former funeral home has 9-foot ceilings and 5,953 square feet of leasable space. It also contains a 1.4 acre parking lot!
Built in 1840, this property is exceptionally well maintained despite its old age. The building also contains a full basement as well as upstairs apartments, perfect for making some additional income.
The property is in excellent condition.
This mixed-use space contains three apartments on the second floor, and sits on a very busy road that sees high amounts of traffic. As many as 25,000 cars pass by the property per day. Plus, the retail space is ideally located near other retail buildings on the state road.
Additional features include:
- Air Conditioning
- Fenced Lot
- Pylon Sign
- Mixed Use
A Hudson Valley Destination
There’s many reasons why Newburgh is a great place to invest in mixed use retail space.
A bustling waterfront draws lots of tourists, and this property might well serve as a BnB.
Being proximate to the city of Newburgh means being near where all the action is.
The streets in the city’s east end historic district, such as Liberty Street, Ann Street and Broadway, have all seen numerous new businesses open in the last few months. Many of them are also mixed use properties.
The Flour Shop is one example. The bakery, run by the same owners as the extremely successful Liberty Street Bistro, opened this past summer. It features everything from baguettes, scones, and croissants to custom made cakes.
Just a few months ago, Cream Boutique expanded and opened a second location, Cream Vintage, a few stores down on Liberty Street.
The fact that new business owners are already expanding to second locations within Newburgh is a healthy sign of growth.
Additionally, this location perched just a bit of the city proper means visitors can head out to area wineries and hiking.
The best of both worlds!
Book a showing
- Air Conditioning