TURN-KEY INVESTMENT of 9% cap rate. Property Overview: Unit Mix: There are 12 units, 8 residential and 4 commercial. Condition: In 2023, 4 units underwent complete gutting, while the other 4 units were renovated during the same year. Unit Sizes: Four are three bedrooms and include a washer/dryer. The other four units are spacious two-bedroom units. There are floor plans to convert them into three-bedroom units potentially. The tenants are paying all utilities except the water. There is potential to add a few more units Without extending the building, further increasing its value and income potential.
The subject property is a 8,170 sq. ft. block and steel building set on .79 acres. The building consists of approximately 1,000 sq. ft. of office space in fair condition with the balance comprised of loading area, storage rooms and a separate storage garage. The building is equipped with 4 double ended loading docks and 15+ parking spaces. Initially constructed in 1954. Site has municipal sewer/water and gas. Redevelopment potential with the "walkway-gateway" overlay district which permits residential uses. Property borders the Dutchess County Rail Trail and has 175 Feet of road frontage.
Rare Lagrange mixed use opportunity including well established, thriving restaurant and five unit apartment building. Impeccably kept property with long term owner deciding to liquidate after nearly fifty years. Restaurant includes huge covered patio, bar and two dining rooms. Fixtures include two walk-in freezers, coolers, full kitchen & hood. Apartment building includes (1) 2 bedroom, (2) one bedrooms and (1) studio. Separate utilities for all apartments. Dedicated septic system and municipal water source for apartment building and restaurant. Large parking lot offering abundant space to easily accommodate residential tenants, restaurant staff and patrons. Annual NOI of $80,000+. Centrally located with exceptional visibility. An opportunity not to be missed.
Presenting a social club in downtown Poughkeepsie, conveniently located just steps from the train station, waterfront, and Route 9, close to the Mid-Hudson Bridge. This prime location offers excellent visibility in the heart of the Hudson Valley. With a high volume of foot traffic, there’s great potential for a three-story development or expansion that could include retail and residential apartments. Can be sold as a package with 85 Main Street.
Thriving pizza restaurant located in downtown Poughkeepsie, just steps from the train station, waterfront, and Route 9 near the Mid-Hudson Bridge. This prime corner spot is centrally situated in the Hudson Valley region. The building features stunning decor and is fully equipped, and benefits from a high volume of foot traffic, with potential for three story development/expansion with retail and apartments. This turn-key operation has been well-established for several years, and financial information is available for serious inquiries.
28 year established pizzeria/ restaurant business for sale including name and equipment. Owners retiring. Owners have built this business as a staple in the community and are ready to pass the baton. 44 seat dining room and 20 seat front area. 10 years remaining on lease. Comes turn key with 8 burner gas stove, grill, steam table, fryer, 1 frig/2 freezers, 2 double sinks, salad bar, multiple coolers, mixer, ice maker, fountain machine, cash register, security via css and 4 cameras. Beer and wine served(license required). Come take over the fruits of their 28 year labor that the owners have built.,
unique property, is being sold as is, used as a workshop and office for current owner, can be zoned for apartments, retail, storage. and sports complex.
5 two bed one bath, 1 studio 1 bath, currently vacant commercial storefront was formally a pizza store. All tenants pays all their own heat, hot water and electricity. All mechanicals in apartments.
Located in Poughkeepsie Central Business District, this 4-story mixed-use building has slowly undergone renovations over the past 10 years by the owner and prior ground-floor tenant. Building features two commercial units (ground-floor lounge, 2nd floor tattoo parlor) and two residential units (3rd floor 2BR, 4th floor 2BR) with a full basement, fully occupied, relatively new tenants with short-term leases (1-3 years). Updates include a new roof in 2021, separated electric/gas/water meters and window A/C units.
Owner will consider holding a note on this property! Pristine warehouse currently used for an upholstery business. Owner is meticulous and building is very well maintained. It has 2 overhead doors, 2 furnaces, 1 full bathroom and 1 half bath. Current configuration easily changed. This building is located in an R4 zoning district but has a legal non-conforming use certificate. All updates have been inspected by the City of Poughkeepsie Building Dept. and Certificates of Occupancy have been issued.
Prime Investment Opportunity in Poughkeepsie: Discover an exceptional investment ideally located in the heart of Poughkeepsie. 3 Multi Family homes: 1 Duplex and 2 Triplex houses, eight units combined. Each unit boasts a spacious floor plan, a bright and airy living room, a well-appointed eat-in kitchen, and a full bath. The three properties have undergone complete renovation for a long term investment, including the exterior, utility systems, and six of the eight units. All units have separate utilities, with the landlord covering only common area lighting and water, while tenants are responsible for their individual electric / gas (heating, cooking, and hot water), and other utility costs. This property is currently generating stable income, with all eight units currently on standard leases. Centrally located with convenient access to local amenities, schools, and transportation. All buildings have Security Lighting and Exterior Cameras. Please note: Very limited interior access. Purchase individually or as a package deal.
Prime mixed-use commercial property located in the heart of Poughkeepsie, with 11 parcels and two structures ready for development. This property spans Church Street and is connected to Academy and Noxon Streets, offering unparalleled potential. Situated in a high-growth area, new zoning changes are currently being voted on, making this an excellent investment opportunity. Just three blocks from the Mid-Hudson Bridge and within walking distance to the Poughkeepsie train station, this location provides unbeatable access and convenience
Fantastic 3000 ft² 3-unit mixed use building on bustling Main St Poughkeepsie. 2000 ft² residential & 1000 ft² commercial. All units leased. Storefront currently in use as a hair salon. Building boasts brick construction, 2 rear balconies with seasonal Hudson River views and rear garden area. Easy walk to Metro North, community centers, entertainment, recreation, shops, restaurants & more. Quick car ride to Vassar College, Marist College, Vassar Brothers Medical Center, Walkway Over the Hudson, American Culinary Institute & Dutchess Community College. Plenty of public parking available across the street. Property offered at 6.7% cap, with a potential pro forma cap rate of 9%+ with interior updates and market rents. Virtual Tour & Offering Memorandum available upon request! Interested buyers we please ask you provide proof of funds. For appointments, please contact us through Showingtime with at least 48 hours notice. Call us anytime for more information we are happy to help.
Four store Strip Mall on busy Titusville Rd, Was converted to a single tenant, but can be subdivided. great opportunity for one major commercial tenant.
Amazing opportunity in the Town of Poughkeepsie, Arlington Town Center Zoning. 748 Main Street, Poughkeepsie is an 8,100SF flex building built in 1975, with a showroom, several offices and a warehouse/workshop with high-bay drive-in door access. Ideal for single or multiple users, the site is zoned Arlington Town Center with permitted uses in retail, office, medical, light industrial, and the potential to build vertically for apartments. Street parking available, with potential to lease spots from retail neighbor. Included in the sale is 6 & 8 Streit Ave, 2 single family homes generating $3,000/mo, pro forma potential of $4,000/mo Additional Information: HeatingFuel:Oil Above Ground,
Amazing opportunity in the heart of Downtown Poughkeepsie! Possible re-development play bringing in $141K a year in gross income, $176K Pro-Forma. Totaling an acre, situated on the corner of Mill St and N Hamilton. Sale consists of 4 parcels total, 2 of them are vacant land with frontage on Mill St as well as N Hamilton, in the creative edge zoning districts. 355 Mill currently warehouse/office owner occupied, C-3 zoning and 359 Mill, mixed use, C-3 zoning, 4 family home of 1 bedrooms, a studio and salon, and 8 garages total in the rear of the lot. All spaces currently occupied with long standing tenants. Municipal water, sewer and natural gas. Be a part of the revitalization of Poughkeepsie!
Welcome to this versatile commercial building completely gutted and ready for planning located in the heart of the Poughkeepsie business district. Spanning 6,936 square feet, this property offers ample room for a variety of uses and potential for future expansion under its Urban Village zoning classification. Possible uses include multifamily dwellings, restaurants, and retail spaces. The building features street parking and is conveniently close to public parking lots. Its prime location puts you within walking distance of shops, restaurants, Metro North, and the civic center, making it a valuable addition to the city! Additional Information: HeatingFuel:Oil Above Ground,
**Property Overview: Mixed-Use Building in Poughkeepsie** **Location**: Heart of Poughkeepsie, Business District **Total Size**: Approximately 15,000 sq. ft. **Building Features**: - **5 Levels of Rental Space**: Offering a diverse mix of commercial and residential units. - **Main Street Entrance**: Convenient access for businesses and customers. - **Rear Exit**: Leads to shared public parking, enhancing accessibility. **Parking**: Public parking lot shared with local bars, restaurants, office spaces, and the Bardavon Theater, situated near the Civic Center and a hotel. **Commercial Units**: 1. **Bar/Cafe/Restaurant**: 5,000 sq. ft. split across two levels (2,500 sq. ft. each). 2. **Office/Shop**: 400 sq. ft. **Residential Units**: - 3 separate units consisting of: - Studio - 1-Bedroom Apartment - 3-Bedroom Apartment **Additional Information**: - The restaurant unit is currently listed for rent. - All residential units are occupied. Advance notice is required for tenant showings (48 hours). - Interested buyers are required to provide proof of funds to schedule a tour of the property. - Appointments must be arranged through ShowingTime. **Contact Details**: Please call for more information or to schedule a visit. --- This property represents a unique opportunity for investors seeking a mixed-use building in a lively urban area with strong foot traffic and nearby amenities.
Several office spaces available, other businesses in building are podcasting, boxing studio, hair salon, barber and cabinet store. Great location, building beautifully maintained come take a look. Other spaces available in the near future. Photos are representing offices in the building, public restroom and common areas. Office spaces vary in square footage. Tenant pays Wi-Fi Landlord pays all other utilities.
TURN KEY BUSINESS OPPORTUNITY IN BOASTING HIGH TRAFFIC AREA OF DUTCHESS COUNTY ON MAIN STREET IN POUGHKEEPSIE RIGHT IN THE HEART OF THE CURRENT BOOM OF INDUSTRY GROWTH AND NEW DEVELOPMENTS HAPPENING NOW IN THE HUDSON VALLEY. WITH OVER 4 DECADES OF A THRIVING BUSINESS THIS OWNER IS READY TO PASS THE REINS TO THE NEXT BUSINESS OWNER. SOLID BRICK BUILDING WITH WHEEL CHAIR RAMP, OFFICE AND RECEPTION AREA, 3 HALF BATHS, RESTORATION ROOM, ADDITIONAL SEPARATE SPRAY PAINT BOOTH, UPSTAIRS ATTIC HAS SO MUCH POTENTIAL, SPIES HECKER COMPUTERIZED PAINT MIXING SYSTEM,DOUBLE ENDED DOWN DRAFT BAKE OVEN SPRAY BOOTH, CELETTE FRAME MACHINE WITH CENTER LIFT, CAR ALINGNER FRAME MACHINE WITH 2 POWER PULLING POST (9,200LBS). CONVENIENT LOCATION WITH MAIN STREET VISIBILITY, GATE PROTECTED, CLOSE TO POUGHKEEPSIE BRIDGE, VASSAR HOSPITAL, NY STATE THRUWAY AND LESS THAN 2 HOURS FROM NYC. OWNER FINANCING AVAILABLE FOR QUALIFIED APPLICANT Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:4+ Car Detached,FloorLoad:11,
Expansive 5720 sq. ft. office space on a 2-acre lot, offering the potential for building expansion. Ample paved parking surrounds the building on the front, side, and back. Both floors feature multiple office spaces, sitting areas, receptionist areas, and bathrooms. Each unit includes a spacious central conference room, seamlessly integrated with surrounding offices. Separate electric meters, heating, and central air conditioning units for individual units. Municipal water, sewer, and natural gas services are available. Wooded backdrop enhances privacy, situated on a corner lot at the intersection of Salt Point Turnpike and N. Grand Avenue. Ideal for versatile commercial use.
This SECOND FLOOR, 900 SQUARE FOOT, FOUR ROOM OFFICE also offers an additional space, central air, central heat, common area his and her bathrooms and is available immediately! Perfect location for tattoo artists, marketing or technology professionals, attorneys, accountants, insurance or real estate agencies, title companies, photographers, home health care providers, contractor and/or other professional services. Ideal for in-person or satellite office as the location Is Great In This Highly Visible, High And Ongoing Vehicle And Foot Traffic Area. Prime office space located in the heart of the business district in Poughkeepsie with everything included except Internet and telephone. All office floors are now finished. COME PICK AN OFFICE; WE HAVE OTHERS FROM 1 TO 5 ROOM OFFICES on the first and second floor for lease within walking distance to government agencies, court house, Bardavon theater, library, delis, restaurants, municipal bldg, the Grand Hotel, train station, riverfront and more.,Current Use:OFFICES,FLOORING:Ceramic Tile,FOUNDATION:Block,Heating:Central Heat,Number of Restrooms:2,OwnerPays:Electric,Fire Insurance,Sewer,Taxes,Water,ROOF:Tar/Gravel
This FIRST FLOOR, 125 SQUARE FOOT ONE ROOM OFFICE is available immediately! Could be ideal for a satellite office or perhaps telemarketer needs a small office space. We have other larger offices from 2 to 6 rooms, so COME PICK YOUR OFFICE! A great opportunity for you to pick which office works the best for your business! Prime office space located in the heart of the business district in Poughkeepsie with everything included except Internet and telephone, in a high traffic area. We have a multiple, variety of first and second offices for lease, all with central air & heat plus within walking distance to government agencies, court house, Bardavon theater, library, delis, restaurants, municipal bldg, the Grand Hotel, train station, riverfront and more.,Current Use:OFFICES,FLOORING:Ceramic Tile,FOUNDATION:Block,Number of Restrooms:1,OwnerPays:Electric,Fire Insurance,Sewer,Taxes,Water,ROOF:Tar/Gravel
Fully leased brick office building in the Arlington Business District. Excellent condition with separate office spaces and bathrooms. Private parking lot plus plenty of on-street parking available. Four office spaces (offices #3/4 currently combined for one tenant but could be separated as needed) each with their own electric. Security system and cameras in place. Newer mechanicals. Perfect investment opportunity with this easy-to-maintain moneymaker. Walk to Vassar College and Arlington restaurants and shops.
The median home value in Poughkeepsie, NY is $390,000. This is lower than the county median home value of $395,300. The national median home value is $338,100. The average price of homes sold in Poughkeepsie, NY is $390,000. Approximately 34.28% of Poughkeepsie homes are owned, compared to 58.22% rented, while 7.51% are vacant. Poughkeepsie real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Poughkeepsie real estate agent to arrange a tour today!
Poughkeepsie, New York has a population of 31,475. Poughkeepsie is less family-centric than the surrounding county with 20.27% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Poughkeepsie, New York is $48,805. The median household income for the surrounding county is $87,112 compared to the national median of $69,021. The median age of people living in Poughkeepsie is 39.2 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 47 inches per year, with 41.5 inches of snow per year.