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MLS ID KEY1035967Last updated Sep 18, 2026

Mixed Use

28 Henry Street #22

Active · Middletown · Orange County, NY 10940

Asking price$1,795,000Request a Showing
Est. monthly taxes
$133.21
Property gallery0 / 27
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About this home

**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.

Listing snapshot

Days on site
59 days
Listed on MLS
Aug 14, 2026
Annual property tax (MLS)
$1,598.52
Tax year
2025
Listing brokerage
Keller Williams Realty
MLS ID
KEY1035967
Last updated
Sep 18, 2026

General features

Property type
Mixed Use
Parking
Parking Lot
Water source
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

Interior features

Basement
Full
Heating
Natural Gas
Cooling
Central Air

Exterior features

Construction materials
Brick

Schools (MLS)

Elementary school district
Middletown
Middle school district
Middletown
High school district
Middletown

School information is provided by the MLS. Confirm attendance eligibility with the school district.

Recent activity

  1. Listing updated from MLS
  2. Price changed to $1,795,000
  3. First seen on this site
  4. MLS status changed

Location

Middletown · Orange County, NY 10940Show interactive map
28 Henry Street #22

Middletown · Orange County, NY 10940

Google Maps directions

Listing data is supplied by the MLS and may change without notice.