5200 Route 9W, Newburgh, NY 12550

Property Description

Multi facet investment or owner/operator opportunity in Town of Newburgh, NY. Part #1 of this 3 part investment consists of an in-force existing NNN ground lease on 1.5 acres that currently houses 9W Deisel Service. The 2nd part(Industrial) of this investment consists of a large 4,200 sqft 3 bay garage w/14 ft doors and high ceilings large enough for semi tractor trailers and large storage yard. This section is perfect for an owner/operator or as an investment for a NNN lease. This space can also be converted to flexspace/warehouse. Section #3 is residential. It consists of a tenant occupied original farm house built in 1916. There is also a barn near the primary residence with a section that was converted into a 1Bed, 1Bath apartment for additional income. This property offers exceptional cash flow for the investor as well as the potential for an owner/operator to occupy the garage/warehouse and storage yard area while collecting rental income from the additional assets.