300 Main StBeacon, NY 12508

Property Details for 300 Main St

Lot size

0.18 AC

Zone code

CB

Property type

Investment properties

Property subtype

Live-work space

APN

130200 5954-36-939865-0000

APU

9223372036854775807

Description

This exceptional 2,426 sq ft mixed-use property at 300 Main St, Beacon, NY presents a unique investment opportunity. Situated on a 0.18-acre lot, the building features a vibrant street-level retail space with large, south-facing windows, an open floor plan, an ADA-compliant bathroom and ramp, and a walk-in refrigerator (which may remain). Upstairs, a residential space includes two bedrooms, a bathroom, a spacious living room, dining area, and kitchen. The rear of the property contains the remains of a garage/warehouse structure, with existing walls and steel supports. This presents significant redevelopment potential. The zoning allows for a three-story mixed-use building, potentially creating over 21,000 sq ft of commercial and residential space. Beacon's thriving market, fueled by its proximity to NYC via the MTA and major commuter routes, ensures high demand for both housing and commercial space. The city's vibrant cultural scene, including museums, galleries, parks, wineries, and farmers markets, attracts both residents and tourists, creating a strong and diverse market. This property offers a rare chance to own a piece of Beacon's Main Street and capitalize on its continued growth. The asking price is $900,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,632,470

  6.5%

  $1,506,900

  7%

  $1,399,260

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,046,410

  Geo Method

  $1,045,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,954,660

  Retail / Commercial

  $1,513,540

  Hospitality / Lodging

  $1,103,930

  Office

  $1,496,640

  Institutional / Educational

  $1,566,120

  Residential Income

  $1,832,360

  Multifamily

  $2,204,570

  Automotive / Energy

  $1,342,390

  Parking / Income-Based Land

  $464,478

  Restaurant / Food Service

  $781,077

  Healthcare / Senior Housing

  $1,546,580

Location Insight

City

Beacon

County

Dutchess

State

New York

Latitude

41.5055

Longitude

-73.9701

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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