22
See all 22 photos
$2,500,000
Est. payment /mo
2.7 Acres Lot
New
33 Trust WAY Middletown, NY 10940
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UPDATED:
02/27/2025 07:06 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY825681
Originating Board onekey2
Rental Info No
Annual Tax Amount $65,577
Lot Size 2.700 Acres
Acres 2.7
Property Sub-Type Retail
Property Description
Prime commercial/retail development opportunity in the heart of Orange County—33 Trust Way, Middletown, NY—currentlyhome to the well-established Orange Bank & Trust Company. The bank will be relocating in the area and will lease back for $10k/month NNN on a month to month basis until their new branch is ready for occupancy, allowing for immediate income while in the development phase. This exceptional two-parcel bundle offers unparalleled visibility and accessibility in a thriving business district in the Town of Wallkill, Town Center (TC) Zone (see zoning in Documents). The first parcel, where the bank is operating (SBL 50-2-59), boasts approximately 364 feet of road frontage on Schutt Rd., 321 feet on Trust Way, and 306 feet on Dunning Rd consisting of 2.7 acres, providing excellent exposure for businesses. The adjacent 1.8-acre vacant commercial lot (SBL 50-2-60) further enhances development potential, featuring 203 feet of frontage on Trust Way and 234 feet on Schutt Rd. Ideally positioned near major highways, shopping centers, and medical facilities, this property is perfectly suited for professional offices, retail establishments, restaurants or medical facilities, offering modern amenities designed for efficiency and comfort. A proposed engineer conceptual plan idea is also attached. Please note that a 10-year banking institution restriction applies. This is a rare chance to secure a premier commercial asset in a high-traffic, high-growth area—don't miss out on this outstanding investment opportunity!
Location
Province NY
County Orange County
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Common
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Total Parking Spaces 70
Building
Lot Description Level, Near Public Transit, Paved, Private, See Remarks
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
Listed by Keller Williams Hudson Valley