409 Fishkill AveBeacon, NY 12508
- Mixed-use properties
- 0.22 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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