Property Description
**Exceptional Mixed-Use Investment & Redevelopment Asset in Downtown Middletown!** Tailored specifically for vision-driven developers, value-add real estate investors, and expanding commercial operators, this versatile multi-level property offers the rare combination of immediate cash flow and substantial long-term growth potential. The project pairs an established ground-floor restaurant tenant-delivering steady, in-place revenue from Day 1-with expansive multi-floor operational space including a main-level industrial production zone, a full basement, and dedicated lift access ideal for food manufacturing, warehousing, or light distribution. For residential developers, the clear value proposition lies overhead: convert the underutilized upper stories into high-demand residential units or urban lofts within a hungry rental market. Adjacent to a high-capacity municipal lot for effortless parking and loading, the building sits prime in Middletown's Downtown Mixed-Use (DMU) Zone. Investors benefit from a highly business-supportive municipality featuring streamlined approval channels, local Industrial Development Agency (IDA) tax incentives, and active Business Improvement District (BID) support. A truly dynamic asset offering built-in income, operational scale, and premier development upside in Orange County. Qualified buyers are encouraged to reach out to arrange a private viewing and review complete property details. Note: This was the former home of Equilibrium Brewery they outgrew this location and moved to 2 South St, Middletown, NY.
28 Henry Street , Unit 22 | MLS# 1035967
This commercial property located at 28 Henry Street , Unit 22, Middletown, NY 10940 is currently listed for sale with an asking price of $1,900,000. Henry Street , Unit 22 is located within the Middletown school district. Search Middletown real estate on pauline-trottier.timberlandproperties.com today.
Gallery
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.14 Acres
Stories: 4.0
Taxes: $1,598
Feature Descriptions
Building Area Total: 15894
Business Type: Commercial, Distribution, Manufacturing, Mixed, Restaurant
Electric: 200+ Amp Service, Three Phase
Exterior: Brick
On Market Date: 2026-08-14
Parcel Number: 330900-031-000-0012-006.000-0000
Parking Features: Parking Lot
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Water: Public
Local Schools
School District: Middletown
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28 Henry Street , Unit 22, Middletown, NY 10940
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Demographics
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty
Agency Contact: 845-928-8000
Shown By
Agent Name: Pauline Trottier
Agent Phone: (607) 244-9368 Cell
Agency Title: Timberland Properties
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28 Henry Street , Unit 22, Middletown, NY 10940
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