383 Main St - Storefront FOR SALE


Poughkeepsie, NY 12601- Downtown Poughkeepsie
$445,000 USD
845-242-4381
383 Main St, Poughkeepsie, NY for Sale
$445,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

NEW


383 Main St
Poughkeepsie, NY 12601
Downtown Poughkeepsie


HIGHLIGHTS

  • Located in Poughkeepsie's Downtown Business Improvement District
  • Features large ground-floor commercial with second floor storage/workshop
  • Retail, Office, Medical, Mixed-use Zoning Overlay
  • Municipal Water/Sewer, Natural Gas Access
  • Ideal for owner-occupier or builder - potential 5-story redevelopment
  • Federal Opportunity Zone benefits available

OVERVIEW

383 Main is a 2-story 7,280SF commercial building recently vacated by a long-time single retail tenant who used the upper floors for storage/workshop space and now for sale for the first time in more than 40 years. Site features municipal water/sewer, oil heat (tanks located in basement), natural gas access on the street. Originally a 3-story home with a basement, a later addition (date unknown) extended the building back to the property line on the first and second floors, leaving a small front attic, and a covered facade. Building could use a complete interior/exterior overhaul and is priced accordingly for a quick sale. Zoning allows for up to 5 stories as-of-right for an ideal redevelopment or owner-occupier position.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,484 SF

ZONING

PID-A

APN/PARCEL ID

131300-6162-78-166052-0000

ASK ABOUT THIS PROPERTY

Don MinichinoKW Commercial / Mid-HudsonMore Info
845-242-4381

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Don MinichinoKW Commercial / Mid-HudsonMore Info
845-242-4381

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.