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Listed price in listed location currency (USD).
$719,000

0012

MLS® 1016034

Overview

Key Facts

Type Office
Levels Commercial Sale
Size -
Garage 
Taxes $11,170
Days Active 0
Lot Size 0.2204 Acres
Approx. Age 
MLS® Number 1016034

Property Address: 313 Fullerton Ave, Newburgh, NY, 12550-3723

Average square foot calculated using Size range provided by listing agent.

Description

INVESTMENT OPPORTUNITY |FULLY RENOVATED PROFESSIONAL BUILDING |PROJECTED INCOME OVER $84, 000 ANNUALLY Turnkey commercial investment opportunity in the City of Newburgh. This completely builder-renovated professional building offers over 3, 000 square feet of modern office space with six individual units and projected gross rental income exceeding $7, 000 per month when fully leased. Unlike many commercial properties that require ongoing capital improvements, this building has been extensively renovated with virtually everything replaced or upgraded, including windows, doors, flooring, bathrooms, electrical systems, heating and cooling systems, common areas, and a fully renovated elevator. The result is a low-maintenance asset designed to provide years of reliable operation with minimal deferred maintenance concerns. Each suite is individually metered with separate electric service and independent heating and cooling systems, helping reduce owner expenses while providing tenants with complete control of their utility usage. The property is fully handicapped accessible and features private parking, an oversized lobby area, professional finishes, and elevator access to all levels. Strategically located among established medical offices, healthcare providers, and professional businesses, the property is ideally suited for medical, wellness, counseling, legal, accounting, insurance, executive office, or professional service tenants. The flexible floor plan also provides opportunities for an owner-user to occupy a portion of the building while generating income from the remaining suites. Property Highlights: • Over 3, 000 SF of renovated professional office space • Six individual office suites • Projected gross income exceeding $84, 000 annually • Separate electric meters for each unit • Independent heating and cooling systems • Fully renovated elevator • Handicapped accessible • Private off-street parking • Oversized professional lobby and common areas • Surrounded by medical and professional office buildings • Minimal deferred maintenance • Excellent owner-user or investment opportunity Rarely does a commercial property become available that combines modern construction standards, strong income potential, utility separation, accessibility features, and a professional location in one package. This is a true turnkey asset ready for immediate occupancy and income generation.
MLS® Number1016034
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayAttached, Common, Driveway, Parking Lot, Private
Garage Spaces
HeatElectric
A/CElectric

Extras

Price History

Last Sold Price

$228,000$228K

Appreciation

--

Avg. Days Listed

0 days

Today, For Sale for $719,000

For Sale · 0 days

$719,000

MLS® 1016034

3 hours ago

Not Sold Yet

June 2026, For Sale for $719,000

For Sale · 0 days

$719,000

MLS® 1016034

3 hours ago

Not Sold Yet

November 2024, Sold for $228,000

View of rear view of property
Sold · 0 days

$228,000$269,900

MLS® H6318807

2 years ago

Sold on Sep 25, 2024

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