515-527 Route 22 - Loft/Creative Space FOR SALE


Pawling, NY 12564
$2,450,000 USD
914-625-4617
515-527 Route 22, Pawling, NY for Sale
$2,450,000 USD
Loft/Creative Space - FOR SALE
1/42
null | Request Cap Rate

Jul '26


515-527 Route 22
Pawling, NY 12564


HIGHLIGHTS

  • Prime Investment Opportunity – Exceptional Value-Add Potential Rare opportunity to acquire a highly visible, income-producing commercial property

OVERVIEW

Prime Investment Opportunity – Exceptional Value-Add Potential Rare opportunity to acquire a highly visible, income-producing commercial property strategically positioned at one of the most prominent intersections along the primary north-south corridor serving Eastern Putnam and Dutchess Counties. This well-established asset features eight existing tenants generating current income, along with 2-3 potential vacancies that provide immediate upside through lease-up, owner occupancy, expansion, or repositioning. The property’s flexible layout offers multiple avenues for increasing cash flow and long-term value. Investors can capitalize on below-market rents, lease vacant space at current market rates, or occupy a portion of the property while benefiting from income generated by the existing tenant base. The configuration also lends itself to a variety of professional, medical, retail, service, educational, or corporate uses. Ideally located within walking distance of shopping, restaurants, schools, public transportation, and the Metro-North rail line, the property benefits from strong demographics, excellent accessibility, and a growing residential population, including several upscale residential communities nearby. High daily traffic counts, outstanding visibility, multiple points of ingress and egress, abundant parking, and strong frontage create exceptional exposure for tenants and owners alike. Whether you are seeking a stable income-producing investment, a value-add opportunity with significant upside, or a strategic owner-user acquisition, this property offers flexibility, visibility, and growth potential in one of the Hudson Valley’s most desirable commercial corridors.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

B2

APN/PARCEL ID

134001-7056-05-206939-0000

ASK ABOUT THIS PROPERTY

Clayton LivingstonMcGrath Premier Real EstateMore Info
914-625-4617

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Clayton LivingstonMcGrath Premier Real EstateMore Info
914-625-4617

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