56 Forester Avenue, Warwick, NY 10990
- $2,695,000
- List Price
- $2,695,000
- Status
- ACTIVE
- Days on Market
- 30
- MLS#
- 1052433
- Subtype
- Commercial Sale
- Year Built
- 1951
- Lot Size
- 69,696
- Acres
- 1.60
- Neighborhood
- Warwick
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.
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Additional Information
- Taxes
- $49,277
- Zoning
- 00710
- Flooring
- Concrete
- Heating
- Baseboard, Forced Air
- Air Conditioning
- Wall/Window Unit(s)
- Stories
- 2
- Foundation
- Slab
- Parking
- Common, Off Street, Parking Lot, Private
- Parking Features
- Common, Off Street, Parking Lot, Private
- School District
- Warwick Valley
- Elementary School
- Park Avenue Elementary School
- Middle School
- Warwick Valley Middle School
- High School
- Warwick Valley High School
- View
- Park/Greenbelt
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Listing courtesy of Listing Agent: Charles Benjamin Emanuel (charles.emanuel@randcommercial.com) from Listing Office: Rand Commercial.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.