Prime Opportunity for Repositioning 1491 Route 52 19,272 SF 28% Leased Office Building Fishkill, NY 12524 $2,011,861 CAD ($104.39 CAD/SF)

This investment property, a former medical/professional office with some flex use space and a single loading dock, is offered at a significant discount to appeal to developers, investors and entrepreneurs looking to invest in a highly accessible, strategic location in the Hudson Valley. Fishkill has strong regional demographics - a stable population base, higher-than-average household incomes-; a local market capable of supporting new retail, office, and service-based businesses; and direct access to Interstate 84 and Route 9, with proximity to Stewart International Airport. The property is prime for repositioning. The ground floor, just under 10,000 sf, is slab on grade and lends itself to flex use, while the top floor consists of traditional office suites. The two long-term tenants, from 1997 and 2021, occupy approx. 5,500 sf together and are currently on month-to-month leases. (Both indicated they would like to continue leasing on a long-term basis.) The remainder of the building has been vacated by the owner. The GB zoning district permits numerous uses including self-storage, warehouses, storage of building materials, contractor's establishments, dry-cleaning, motor vehicle sales & service, as well as stores, shops, business and governmental offices; preparation, processing, manufacturing of goods (such as baking) as long as the preparation is primarily for retail sale on the premises. A versatile building with many possibilities in a well-travelled commercial corridor. Priced to sell.