New Paltz NY Commercial for Sale
$849,000
222 Main St New Paltz, NY 12561
- Type:
- Office
- Sq.Ft.:
- 2,141
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.64 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 20244183
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Courtesy: New Paltz Properties
845-417-8300
ADDITIONAL INFORMATION
Opportunity to develop the best remaining Main Street lot in New Paltz! This offering includes two adjacent lots, totaling 0.64 acres, on the corner of Main Street and Joalyn Road in central New Paltz. The larger lot (SBL #86.42-4-5) is located in the Village of New Paltz and enjoys high-density B2 mixed-use zoning. The zoning allows 85 pct. lot coverage, with zero front yard setbacks and a 3-story building up to 40 feet at the roof peak. The adjacent corner lot (SBL #86.12-1-1) is in the Town of New Paltz and can potentially be merged with the primary lot through an annexation process, maximizing development potential. The corner location of the combined lot provides access to rear parking from Joalyn Road, allowing development along the entire 150 feet of Main Street frontage. Outstanding visibility from 19,000 passing vehicles per day, combined with rare on-site parking, make this an excellent location for ground-floor commercial tenants. Floors 2, 3, and the rear portion of the ground floor can be developed as apartments. There is tremendous unmet demand for residential housing in New Paltz, with outstanding income potential. It is important to note that the main lot is currently improved with a 2,141 square foot wellness-oriented office building. The building includes 10 treatment rooms, along with many bathrooms and utility rooms with sinks. Current parking for approximately 20 vehicles. A buyer could occupy this building for their own use or lease the space out to individual wellness practitioners. This leasing strategy would help to carry the property expenses while development plans are approved. You will not find a better development site in New Paltz!
$765,000
54 N Chestnut St New Paltz, NY 12561
- Type:
- Mixed Use
- Sq.Ft.:
- 2,912
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 20243987
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Courtesy: New Paltz Properties
845-417-8300
ADDITIONAL INFORMATION
This is a great fully leased mixed-use building in the heart of New Paltz. The property includes two ground-floor commercial units, leased to an engineer and a health care provider. Each have 5 pct annual rent increases in their leases. The rear portion of the ground floor is a 1BR apartment, leased through May 2025. The entire second floor is a 4BR apartment, also leased through May 2025. The upstairs 4BR tenants pay their own electric, heating oil, and hot water. The 3 downstairs units are in the process of being separately metered, with new mini-splits installed this year in the rear apartment. New meter pans and sub panels have also been installed, though they are not yet wired up. There is ample on-site parking behind the building, with 10 parking spaces. The property's B2 zoning was recently changed to allow higher density, so the existing rear 2-story garage could likely be converted or demolished/rebuilt to create additional residential units - a major source of potential upside. The property currently delivers an attractive 8.1 cap rate, even before the individual utility metering is completed and the potential future expansion is undertaken. Great location on high-visibility North Chestnut Street (Rt. 32 N), three blocks north of Main Street. Five minute walk to center of town and 10 minute walk to SUNY campus. Perfect mid-sized New Paltz mixed-use investment opportunity! Financials available upon request.
$1,495,000
55 Main St New Paltz, NY 12561
- Type:
- Mixed Use
- Sq.Ft.:
- 4,560
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 20243986
View additional info
Courtesy: New Paltz Properties
845-417-8300
ADDITIONAL INFORMATION
Rare opportunity to acquire a core mixed-use property on the best block in Downtown New Paltz. Located immediately next door to the Main Street Bistro, 55 Main Street includes two leased ground floor commercial spaces and two 4BR apartments on the second floor. The first commercial space was beautifully renovated this year by Agave restaurant, and is under lease through May 2028. The second commercial space is leased through May 2027 to popular and established gift shop Heady Teddy's. Both commercial tenants have annual contracted increases in rent - 5 pct and 6 pct, respectively. All utilities, including electricity, heating oil, propane, and water/sewer are individually metered for each unit. Stabilized 9.3 cap rate! Low-risk high-occupancy property that is very well positioned for continued appreciation. Irreplaceable location in the heart of this thriving college town, right in the center of all of the action. Financials available upon request.
$849,000
9 N Chestnut St New Paltz, NY 12561
- Type:
- Mixed Use
- Sq.Ft.:
- 3,348
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 20243974
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Courtesy: Mark Stryker Realty LLC
845-399-5438
ADDITIONAL INFORMATION
Well-maintained mixed use building in Downtown New Paltz with 5 apartments and 1 commercial space on North Chestnut St. 5-6 car off street parking plus street parking. Fully leased with long-term residential tenants with below market rental rates. Commercial tenant will be moving out. Town water and sewer. Separate electric meters. Oil heat.
$585,000
235 Main St New Paltz, NY 12561
- Type:
- Office
- Sq.Ft.:
- 2,758
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.89 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 20242804
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Courtesy: Berardi Realty
845-201-1111
ADDITIONAL INFORMATION
Prime location, Main St New Paltz within walking distance to all shopping, college, eateries, and stores. The sale includes an adjacent residential zoned lot. The front parcel is a 3-unit commercial building on 0.46 Acres, which can be used as office space, with a detached +/- 600 square foot restaurant building with ample parking for both buildings, property is located in a B-2 commercial zone. The additional parcel is a vacant lot (in the back) zoned R-1 and consists of about 1.43 acres. The property is hooked up to municipal sewer but currently runs off of a well. The additional vacant lot 86.8-4-15 has the potential to develop as a residential parcel. Please see the associated documents for all income and expense info, county records, zoning, and uses in the zone.
$2,500,000
3 Main St New Paltz, NY 12561
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1998
- Baths:
- MLS#:
- H6303556
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Courtesy: HomeSmart Homes & Estates
845-547-0005
ADDITIONAL INFORMATION
EXTRAORDINARY CHANCE to invest in your DREAM. For sale is a spectacular building fully equipped and operational to start or bring your existing Restaurant, Brewery, Winery, Distillery, Event Destination or whatever your imagination can dream up. Located in the Beautiful and Bustling Village of New Paltz only 90 Minutes from NYC and Albany, just minutes off NYS Thruway. This Facility can Accommodate 150 guests inside and another 66 outside on a spacious awning covered patio with breathtaking views overlooking the Shawangunk Mountain Range. Private Parking is included with a capacity to hold 72 cars. With a lot encompassing just over 2 acres there is unlimited potential for diversity and growth. An Extensive renovation was done in 2019 and details will be provided to interested parties. Do Not miss this opportunity to purchase this one of an kind exceptional property and bring your vision to fruition.
$2,095,000
239 Springtown Rd New Paltz, NY 12561
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- H6296710
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Courtesy: Four Seasons Realty Group
845-255-0019
ADDITIONAL INFORMATION
Accepted offer, contracts being prepared. Seize the Hudson Valley's Prime Investment Opportunity Elevate your investment portfolio with a unique property that embodies the essence of the Hudson Valley. Situated within the coveted town of New Paltz , this expansive 75-acre parcel presents a captivating blend of natural beauty, history, and unlimited agricultural potential. Once a thriving equestrian facility, this property's landscape still echoes the legacy of its past. This former equestrian facility, with its scenic backdrop of the Shawangunk Mountain range, offers an array of assets with lush pastures and two former stables, other out buildings, a 4 bed 2 bath home: the foundation for a revitalized venture is already in place. This property transcends the conventional, offering investors the chance to tap into the burgeoning agritourism scene. The existing distillery, which crafts spirits from organic farm-grown heirloom grains on the property, lends a unique touch to the property's offerings. Embrace the privilege of becoming the steward of this remarkable property. Investors are invited to explore various avenues of growth, from unforgettable weddings, agritourism experiences and fundraising events against the backdrop of the Shawangunk Mountains to the growth of an established destination distillery experience. The business along with the inventory and equipment can be purchased as a package deal at an additional cost.
- Type:
- Office
- Sq.Ft.:
- 2,636
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 20240043
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Courtesy: Windsor Realty Services, Inc.
845-764-1710
ADDITIONAL INFORMATION
"Looking for the perfect location for your business? Look no further! Our state route 32 spot, currently operating as a tanning salon, offers a range of amenities including hairdressers, pedicures, and even tanning equipment available for rent. With the option to split up the space into 10 separate offices or customize it to fit your needs, our current owners are dedicated to working with you every step of the way. Don't miss out on this fantastic opportunity - come check out our space today!"
$2,000,000
131 S Putt Corners Rd New Paltz, NY 12561
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Courtesy: Win Morrison Realty
845-339-9999
ADDITIONAL INFORMATION
Location, location. location is the prime attribute for this wonderful Parcel. The tremendous amount of road frontage allows for multiple curb cuts. There are two primary zoning classifications. There are approximately 7 acres of light industrial zone within 2 miles of the NYS Thruway exit 18. This portion is mostly level with a blue shale deposit at the northeast end. There is enough blue shale to use for driveways and/or a private road. A high tech warehouse or nearly any light industrial or commercial use is allowed on this portion of the 27.6 acres. Another 20.6 acres is zoned residential and varies from level land to gentle slope to moderate slope topography. Of that area there is approximately 5 acres of pond, wetlands and the 100' buffer zone required around them. The remaining 15 acres has a gentle slope with young growth cover. Cluster housing could be the best way to maximize the use of the residential area. The R-1 zone allows for 1 acre individual lots. If cluster housing is built, it can contain the same number of units as would be allowed in the R-1 zone. So approximately 20 units could be built with town approval as there is town water but no sewers. The 5 acres of pond and wetlands can be utilized for the necessary conservation easement required by any cluster housing development There is currently a 1,600 sq ft 3br, 1.5 bath home on approximately 2 acres. This includes a portion of a barn. If the entire 27.6 acres is developed for cluster housing, building 27 units may be possible. This would mean demolition of the current structures which is a viable structure with the tenant paying $2,700 per month. With the lack of affordable housing and strong demand for housing in and around New Paltz, this parcel offers a unique opportunity for development.
- Type:
- Industrial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1908
- Baths:
- MLS#:
- H6250776
View additional info
Courtesy: Quinn Realty Group Inc
845-883-7700
ADDITIONAL INFORMATION
This unique 3 bedroom 1 bath house is zoned I1 for endless opportunities and is ready for your vision! Ideally located just minutes from NYS Thruway and numerous business in the desirable Town of New Paltz, some of the many permitted commercial usages are: auto, indoor recreation, office space, warehouse, manufacturing and numerous more! Opportunity awaits! Please see Associated Docs for permitted usages.
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New Paltz Real Estate
The median home value in New Paltz, NY is $617,000. This is higher than the county median home value of $348,000. The national median home value is $338,100. The average price of homes sold in New Paltz, NY is $617,000. Approximately 48.5% of New Paltz homes are owned, compared to 39.76% rented, while 11.75% are vacant. New Paltz real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Paltz real estate agent to arrange a tour today!
New Paltz, New York has a population of 14,421. New Paltz is more family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in New Paltz, New York is $79,615. The median household income for the surrounding county is $71,040 compared to the national median of $69,021. The median age of people living in New Paltz is 26.2 years.
New Paltz Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 13.1 degrees. The average rainfall is approximately 47.1 inches per year, with 42.5 inches of snow per year.