For Sale
$1,350,000

748 Main StPoughkeepsie, NY 12603

High-yield flex building plus income properties

Overview

Added:
Feb 3
Days on market:
70
This exceptional investment opportunity encompasses a versatile 8,100-square-foot flex building situated on a 0.19-acre lot at 748 Main Street in Poughkeepsie, New York. Constructed in 1975, the building boasts a flexible layout ideal for a variety of uses, including retail, office, medical, or light industrial tenants. The space features a showroom, multiple offices, and a warehouse/workshop area with convenient high-bay drive-in door access. Its Arlington Town Center zoning allows for diverse occupancy and even presents the possibility of vertical expansion for residential development. Ample street parking is readily available, with the added option of leasing additional spaces from a neighboring business. This offering is further enhanced by the inclusion of two single-family homes located at 6 and 8 Streit Avenue. These properties currently generate a combined monthly rental income of $3,000, with a projected potential of $4,000 per month. The main building is heated by oil, with above-ground tanks. This unique portfolio presents a compelling blend of commercial and residential income streams, making it an attractive investment prospect with significant upside potential. The asking price for this entire portfolio is $1,350,000.

Property Details for 748 Main St

Property type
Retail properties
Square Feet
8,100 SF
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Poughkeepsie
County
Dutchess County
State
New York
Latitude
41.69636
Longitude
-73.90421
748 Main St, Poughkeepsie, New York

FAQs

What type of property is this?
Retail property - High-yield flex building plus income properties
Where is the retail property located?
The property is located at 748 Main St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $1,350,000.
How can I contact the broker?
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748 Main St
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