55 Ronald Reagan Boulevard, Warwick, NY 10990

$800,000

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List Price
$800,000
Days on Market
9
MLS#
1070509
Status
ACTIVE
Property Type
Office
Year Built
1994
Property Tax
$16,236
Neighborhood
Warwick
School District
Warwick Valley
High School
Warwick Valley High School
Jr. High
Warwick Valley Middle School
Elementary School
Park Avenue Elementary School

Property Description

Recently renovated, this prime office building is exceptional in what it offers owner-occupants and investors. The property enjoys Town of Warwick Industrial & Office Park zoning; refer to the attached Use Table to understand the many allowed uses. Purpose-built as high-end medical offices this elegant space currently headquarters professional corporate offices. Visitors can disembark in all weather under protection of the portico and step into the large reception and waiting room, currently serving as office of the CEO. The main level is presently configured as 7 offices with a separate conference room. You might consider replacing the wall to return the conference room back into 2 separate offices, or removing interior walls to create larger spaces. One office has its own full bath with walk-in shower, while two offices and the conference room have counters and sink. On those warm days where the entire building is not in use, four ductless AC units in the building let you economize and efficiently cool just the spaces in use. There's dedicated staff parking with a staff entrance leading to a break room with kitchenette, half bath, and reception office. The nine foot tall sheetrocked ceilings create spaces that feel so much better than many offices- you can breathe! Note the beauty of the ceilings in the reception/waiting room and Conference Room. A public restroom on the main level is accessed from the hallway. The main level is 2228 sf feet while the downstairs is a world of possibilty with a central corridor, spacious rooms, another half bath with access to the outside (presently via a Bilco door), bringing the total to 3516 sf. Plus there's a huge storage area. Your communications needs are easily met with CAT 5 wiring already in place with connection to high speed fiber optic. With new flooring and fresh paint already taken care of, you or your tenant can simply move in to this building with 250 amp electric service. The office furnishings, high-end computer monitors, and many 3-D printers can also be available to a buyer. The building is alarmed. Centrally located off Kings Highway you'll enjoy easy access to highways, the Villages of Warwick, Florida, and Greenwood Lake, and New Jersey. Investors, please run your own numbers to see the favorable CAP rate this might offer. Don't wait on this one!!

Additional Information

Acres
0.92
Parking
Parking Lot
Basement
Finished, Full, See Remarks
Heating
Baseboard
Cooling
Central Air, Ductless
Water
Well
Sewer
Septic Tank

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Listing courtesy of Listing Agent: Edward Sattler (Edward.Sattler@gmail.com) from Listing Office: Green Team 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.