5 Grand StPoughkeepsie, NY 12601

Property Details for 5 Grand St

Year built

1965

Lot size

0.07 AC

Property size (Sq ft)

1,060 SF

Zone code

R-4A

Property type

Warehouses

APN

131300 6062-84-978087-0000

APU

9223372036854775807

Description

This unique 2,120 square foot commercial property, located at 5 Grand St in Poughkeepsie, NY, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building is currently configured as a workshop and office space. However, its zoning allows for a diverse range of uses, offering significant flexibility for future development. Potential uses include residential apartments, retail spaces, storage facilities, or even a sports complex, subject to obtaining the necessary permits and approvals. The property is being sold "as is," providing the buyer with the opportunity to customize the space to their specific needs and vision. The asking price is $235,000. Given its central location in Poughkeepsie and its adaptable zoning, this property represents a rare chance to acquire a versatile commercial asset with substantial upside potential. The existing structure provides a solid foundation for immediate occupancy or redevelopment, making it an attractive option for both seasoned investors and first-time buyers seeking a high-return investment. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm zoning regulations and potential development options.

• Alternative Use

  Use

  Valuation

  Residential

  $221,411

  Hospitality

  $202,811

  Educational

  $168,737

  Medical

  $174,540

  Retail

  $262,479

Location Insight

City

Poughkeepsie

County

Dutchess

State

New York

Latitude

41.7036

Longitude

-73.9309

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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