28 Henry Street 22, Middletown, NY 10940
sale
$1,900,000
|
Other
Courtesy Of Keller Williams Realty
**Exceptional Mixed-Use Investment & Redevelopment Asset in Downtown Middletown!** Tailored specifically for vision-driven developers, value-add real estate investors, and expanding commercial operators, this versatile multi-level property offers the rare combination of immediate cash flow and substantial long-term growth potential. The project pairs an established ground-floor restaurant tenant-delivering steady, in-place revenue from Day 1-with expansive multi-floor operational space including a main-level industrial production zone, a full basement, and dedicated lift access ideal for food manufacturing, warehousing, or light distribution. For residential developers, the clear value proposition lies overhead: convert the underutilized upper stories into high-demand residential units or urban lofts within a hungry rental market. Adjacent to a high-capacity municipal lot for effortless parking and loading, the building sits prime in Middletown's Downtown Mixed-Use (DMU) Zone. Investors benefit from a highly business-supportive municipality featuring streamlined approval channels, local Industrial Development Agency (IDA) tax incentives, and active Business Improvement District (BID) support. A truly dynamic asset offering built-in income, operational scale, and premier development upside in Orange County. Qualified buyers are encouraged to reach out to arrange a private viewing and review complete property details. Note: This was the former home of Equilibrium Brewery they outgrew this location and moved to 2 South St, Middletown, NY.
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Property Features
- Amenities: Basement
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 4
- Heating System: Natural Gas
- MLSID: 1035967
- Rooms: Basement
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