McGrath RealtyCommercial
Division
Back to all property for sale
For SaleMixed UseMLS KEY1052433

56 Forester Avenue

Warwick (Town), NY · Orange County
Listed by
Rand Commercial
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
16,440 SF
Site
1.60 acres
Price / SF
$164
Year built
1951
Zoning
00710
Stories
2

The offering

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.

Building & site

Interest conveyedFee simple
Gross building area16,440 SF
Building typeMixed Use
Property typeMixed Use
Year built1951
Stories2
Land area1.60 acres
Land area, SF69,696 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard, Forced Air
Tax parcel335405211-10-3
Drive-in / grade-level doors12
Usable area16,440 SF
Number of buildings2
Parking spaces60
Electric utilityOrange & Rockland

Zoning & permitted uses

District
00710

Permitted uses are governed by the Warwick (Town) zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$49,277
Assessed value$175,600
Land assessment$31,300
Full market value$1,973,000
Owner of recordForester Associates Inc
School districtWarwick Valley
Property class485 · Auto srv ctr
Floodplain
100% of the parcel lies within the mapped floodplain. Buildable area, insurance and any expansion should be checked against the current FEMA mapping before you rely on it.

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

Comparable offerings