409 Fishkill AveBeacon, NY 12508

Property Details for 409 Fishkill Ave

Lot size

0.22 AC

Zone code

GB

Property type

Investment properties

Property subtype

Retail residential 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.

• 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

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