33 Trust Way

Middletown, NY 10940

Prime commercial/retail development opportunity in the heart of Orange County—33 Trust Way, Middletown, NY—currentlyhome to the well-established Orange Bank & Trust Company. The bank will be relocating in the area and will lease back for $10k/month NNN on a month to month basis until their new branch is ready for occupancy, allowing for immediate income while in the development phase. This exceptional two-parcel bundle offers unparalleled visibility and accessibility in a thriving business district in the Town of Wallkill, Town Center (TC) Zone (see zoning in Documents). The first parcel, where the bank is operating (SBL 50-2-59), boasts approximately 364 feet of road frontage on Schutt Rd., 321 feet on Trust Way, and 306 feet on Dunning Rd consisting of 2.7 acres, providing excellent exposure for businesses. The adjacent 1.8-acre vacant commercial lot (SBL 50-2-60) further enhances development potential, featuring 203 feet of frontage on Trust Way and 234 feet on Schutt Rd. Ideally positioned near major highways, shopping centers, and medical facilities, this property is perfectly suited for professional offices, retail establishments, restaurants or medical facilities, offering modern amenities designed for efficiency and comfort. A proposed engineer conceptual plan idea is also attached. Please note that a 10-year banking institution restriction applies. This is a rare chance to secure a premier commercial asset in a high-traffic, high-growth area—don’t miss out on this outstanding investment opportunity!

Listing courtesy of Keller Williams Hudson Valley [email protected]


Based on information submitted to the MLS GRID as of 2025-04-01 02:16 PM EDT. 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.