409 Fishkill AveBeacon, NY 12508

  • Mixed-use properties
  • 0.22 AC
For Sale
$1,450,000 View listing

Property Details for 409 Fishkill Ave

Lot size
0.22 AC
Zone code
GB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
130200 6055-80-416064-0000
APU
9223372036854775807

Description

This exceptional 5,360 square foot commercial building is situated on a 1.49-acre lot at 409 Fishkill Avenue in Beacon, New York, zip code 12508. The property's versatile design is suitable for a variety of retail, office, or service-based businesses. Its previous use as a Mitsubishi dealership provides a solid foundation for adaptation to various commercial needs. The building benefits from ample parking, a significant advantage in a bustling area. The location offers exceptional visibility and accessibility, with close proximity to key attractions and amenities. These include the Beacon Train Station, Metro-North (Hudson Line), Dia: Beacon Museum, Scenic Hudson, Breakneck Ridge, Mount Beacon, and Hudson Highlands State Park. Nearby landmarks such as Pollepel Island and Bannerman Castle further enhance the area's appeal. The property's strategic placement within the Beacon commercial district ensures high visibility and easy access for customers and employees. This presents a unique opportunity to establish a thriving business in a vibrant and growing community. The single-tenancy building offers flexibility and control, making it an ideal investment for owner-occupiers or investors seeking a strong return. The Dutchess County location provides access to a robust local economy and a diverse customer base. This property offers a compelling combination of size, location, and potential, making it an attractive investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,168,000
    6.5%
    $2,001,231
    7%
    $1,858,286
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,943,403
    Geo Method
    $1,940,778
  • Alternative Use

    Use
    Valuation
    Residential
    $2,001,231
    Hospitality
    $1,833,117
    Educational
    $1,525,132
    Medical
    $1,577,584
    Retail
    $2,372,428
409 Fishkill Ave, Beacon, New York

Location Insight

City
Beacon
County
Dutchess
State
New York
Latitude
41.5109
Longitude
-73.9526
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$23,508
$195,000
$435,500
$630,500
-
$195,000
$435,500
$630,500

FAQs

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