402 Broadway, Newburgh, NY 12550
402 Broadway, Newburgh, NY 12550
402 Broadway, Newburgh, NY 12550
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Arif Baksh

Arif Baksh

+1(914) 494-1549
$549,999
Est. payment /mo
2,500 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1001898

Rental Info No

Year Built 1910

Annual Tax Amount $12,196

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Retail

Source onekey2

Property Description

INVESTMENT OPPORTUNITY!!! Welcome to a remarkable mixed-use opportunity in the vibrant City of Newburgh. Home to a beloved Italian bakery that has been a community staple since the 1970s, this classic brick building offers immense potential for investors, restaurateurs, or entrepreneurs looking to establish themselves in a high-traffic area. Boasting excellent street visibility and large display windows, the ground floor features approximately 2,400 square feet of expansive retail and commercial space. The bright and welcoming front retail area is currently outfitted with classic terrazzo-style flooring, extensive glass bakery display cases, stand-alone refrigerated coolers, a commercial espresso and coffee station, and a seating area featuring retro red booths and wooden tables. The footprint flows seamlessly from this storefront into a massive rear commercial kitchen and prep area complete with heavy-duty utility infrastructure, ample workspace, walk-in refrigeration capability, and a full unfinished basement for extensive storage. The second floor features two separate 2-bedroom apartments spanning approximately 1,000 square feet, accessible via a private stairwell with a glass-paned door and a decorative wooden newel post. These radiator-heated units offer an opportunity to generate steady residential rental income or serve as a convenient live-work setup, featuring ample natural light, ceiling fans, classic columned room dividers, and eat-in kitchens equipped with white cabinetry, double basin sinks, and gas ranges. Strategically positioned for business, the building is situated just blocks away from Newburgh's scenic Hudson River waterfront and is surrounded by a variety of well-established businesses. Commuting, shipping, and customer access are convenient thanks to the property's proximity to the Route 9W and Route 32 intersections, located just a quick 10-minute drive from Interstate 84 and the Newburgh-Beacon Bridge. Whether you are looking to carry on a rich culinary tradition, launch a brand-new concept, or secure a mixed-use asset, this property delivers—schedule your private showing today!

Location

State NY

County Orange County

Rooms

Basement Unfinished

Interior

Heating Hot Air, Natural Gas

Cooling None

Flooring Linoleum, Tile

Fireplace No

Appliance Gas Oven, Refrigerator

Exterior

Parking Features On Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Private

Building

Lot Description City Lot

Story 2

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Newburgh

Middle Schools Newburgh

High Schools Newburgh

School District Newburgh

Others

Special Listing Condition None

Read Less Info
OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Realty • Richard Baxter
Arif Baksh

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY, 10603-1937, USA

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402 Broadway