Opportunity to acquire one of the finest historic buildings in Downtown Poughkeepsie. Built in 1842 as the Fallkill Bank Building, the four-story building features a beautiful marble façade, high ceilings, a passenger elevator, and mountain views from the upper floors. The first two floors measure 3,600 sf each, while floors three and four measure 1,800 sf each, for a total of 10,800 square feet. The mixed-use PID-A zoning (Poughkeepsie Innovation District) allows a wide variety of commercial uses, including office, gallery, museum, school, restaurant, cafe, bank, hotel, retail, recreation, and cultural facilities. Buildings in the PID-A zone can be up to 5 stories as-of-right, extended to 7 stories if affordable housing is included. The location is absolutely prime, situated on the same block as the Bardavon Theatre and surrounded by restaurants, cafes, hotels, courts, government offices, and new high-quality apartment developments. Additional improvements are unfolding in Downtown Poughkeepsie following the recent $10 million Downton Revitalization Initiative grant from New York State. The property is currently fully available for occupancy, with significant improvements made to the ground floor commercial space, including new lighting and new HVAC. Bring your vision to this core Downtown asset, offer at just $111 per square foot. The Property is also being offer for lease, at $15 PSF NNN. See floor plans in "Brochures & Other Documents".