315 Broadway, Newburgh, NY 12550
sale
$399,999
|
Other
Courtesy Of eXp Realty
Own a Piece of Newburgh History: The Former Park Theater Strategically located in the heart of the Broadway corridor, 315 Broadway offers a rare opportunity for the visionary investor or developer. This iconic building, formerly the Park Theater, stands as a testament to Newburgh's rich architectural history and is now ready for its next act. Priced at $399,999, this massive 11,000+ sq. ft. structure is a prime candidate for a high-density mixed-use conversion or a cornerstone residential-commercial project. Industrial-Grade Assets & Infrastructure: Over 11,000 sq. ft. of versatile space, including a full-height basement that doubles your usable square footage for storage, utilities, or creative sub-level build-outs. Equipped with a functional loading dock, making it ideal for large-scale construction logistics or future commercial shipping/receiving. Includes dedicated parking in the rear, a premium and highly sought-after amenity in the Broadway corridor. This location may qualify for various government and local revitalization grants, providing a strategic path to offset development costs. With the ongoing revitalization of the Newburgh waterfront and Liberty Street just blocks away, this location offers maximum visibility and exponential growth potential. Bring your architect and your vision to one of the most significant shells remaining on Broadway.
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Property Features
- Amenities: Basement
- Exterior Type: Brick
- MLSID: 971354
- Rooms: Basement
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