56 Forester AVE, Warwick, NY 10990
56 Forester AVE, Warwick, NY 10990
56 Forester AVE, Warwick, NY 10990
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$2,695,000
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1.6 Acres Lot
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56 Forester AVE Warwick, NY 10990

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1052433

Rental Info No

Year Built 1951

Annual Tax Amount $49,277

Lot Size 1.600 Acres

Acres 1.6

Property Sub-Type Mixed Use

Source onekey2

Property Description

56 Forester Ave -One of the most exciting opportunities in the Village of Warwick! Rare Retail/Office/Automotive complex, approximately 16,440 SF of commercial space on approximately 1.6 acres with multiple buildings, service automotive bays, retail, office, work areas, high ceilings, substantial parking (60+) and yard area. The front building is approximately 7,600 sq/ft on two levels and is currently available for owner occupancy or potential redevelopment and offers flexible space for retail (avg 4,446 cars pass by per day), office, contractors, tradesman, automotive/service businesses, fleet operations, light industrial or similar commercial users. The space can be split up easily for multiple tenants. Also attached to the front building is a bonus garage space with high ceilings and two large 14' roll-up drive in doors. The rear building has 10 drive in doors and is 100% occupied by two established automotive tenants. This is an excellent opportunity for an owner-user to occupy the front building while benefiting from the existing rental income in the rear. Municipal water and sewer, natural gas. For Investors, this property offers significant long-term upside through renovation, lease-up and future repositioning. (LI) - Light Industrial Zoning- some permitted uses are retail, automotive, health club, art galleries, office, personal service, auto sales, service & repair, eating drinking establishments and as of 2022 - residential apartments above commercial space was added as a conditional use which may benefit a strategic developer.

Location

State NY

County Orange County

Interior

Heating Baseboard, Forced Air

Cooling Wall/Window Unit(s)

Flooring Concrete

Fireplace No

Exterior

Parking Features Common, Off Street, Parking Lot, Private

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Park/Greenbelt

Total Parking Spaces 60

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Elementary Schools Park Avenue Elementary School

Middle Schools Warwick Valley Middle School

High Schools Warwick Valley

School District Warwick Valley

Others

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Rand Commercial • Charles Benjamin Emanuel

NEARBY SCHOOL & BUSINESS

Kevin Smith
Kevin Smith

Licensed Real Estate Associate Broker License ID: 10301223551

+1(845) 250-3438 | kev.smith@exprealty.com

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56 Forester AVE