402,404,406 Broadway, Newburgh, NY 12550

34 Photos
 
$2,500,000 List Price
Off Market
 
Listing ID 10979453
Property Type Commercial Building
County Orange
Township Newburgh
School Newburgh
Total Tax $30,043
Tax ID 28-3-30.130, 28-3-30.120, 28-3-30.110
FEMA Flood Map fema.gov/portal
Year Built 1900
   
Virtual Tour

ESTABLISHED BAKERY PLUS INCOME PROPERTY

TORINO BAKERY, A deeply rooted, and respected business of the community was established in 1970. With prime visibility, this premium authentic Italian Bakery and Café with an exceptional friendly family atmosphere, has been serving the City of Newburgh and surrounding areas for 51 years with the highest quality, fresh baked products produced on site daily and are made to taste like traditional Italian baked goods. This large-scale bakery offers a variety of breads & rolls, plus pastries, pies & cakes with exceptional quality and freshness with a lovely showroom and indoor café. The bakery also offers custom catering and wedding cakes. Turnkey business with all inventory and equipment. Real estate includes two, 3 story buildings and attached one story garage, Torino Bakery retail store, production areas, two storefronts, four apartments plus full basements for extra storage. Total of three buildings totaling 12,432 square feet. Municipal water, sewer & natural gas. Fabulous potential for business expansion. Prime location on Broadway just minutes to all major interstate roads and one hour to New York City.
Property Details
  • 5 Full Baths
  • 12432 SF
  • 0.06 Acres
  • Built in 1900
  • 3 Stories
  • Full Basement
  • Lower Level: Unfinished
Interior Features
  • Linoleum Flooring
  • Hot Water
  • Forced Air
  • 6 Heat/AC Zones
  • Natural Gas Fuel
  • Oil Fuel
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Frame Construction
  • Wood Siding
  • Rubber Roof
  • Attached Garage
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • Torino Bakery, Inc. (Business Name)
Income/Expenses
  • Gross Income $49,200
  • Paid by Landlord: Insurance, Struct. Maint.
Taxes and Fees
  • $14,703 School Tax
  • $15,340 County Tax
  • $30,043 Total Tax
  • Tax Year 2021
Previously Listed By
RITA LEVINE REAL ESTATE
Office: 845-895-8900
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