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Multi-Tenant Industrial Complex 188 Cottage St 12,832 SF 100% Leased Industrial Building Poughkeepsie, NY 12601 $1,954,288 CAD ($152.30 CAD/SF) 8.92% Cap Rate

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INVESTMENT HIGHLIGHTS

Fully occupied multi-tenant industrial complex located in industrial zone
Current cap rate 8.91%

Many recent upgrades, no deferred maintenance

EXECUTIVE SUMMARY

Multi-tenant industrial investment opportunity in the City of Poughkeepsie. Above average cap rate with no deferred maintenance. Good rental upside when owner vacates a couple of units upon sale, or does short-term leaseback.

188 Cottage Poughkeepsie FINANCIALS

PROPERTY FACTS

Price	$1,954,288 CAD	Lot Size	0.94 AC
Price Per SF	$152.30 CAD	Rentable Building Area	12,832 SF
Sale Type	Investment	No. Stories	1
Cap Rate	8.92%	Year Built/Renovated	1960/2024
Property Type	Industrial	Parking Ratio	2.7/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom FlexLight Distribution	No. Drive In / Grade-Level Doors	11
Building Class	B
Zoning	C-3 - Commercial/Industrial

Price	$1,954,288 CAD
Price Per SF	$152.30 CAD
Sale Type	Investment
Cap Rate	8.92%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Flex Showroom FlexLight Distribution
Building Class	B
Lot Size	0.94 AC
Rentable Building Area	12,832 SF
No. Stories	1
Year Built/Renovated	1960/2024
Parking Ratio	2.7/1,000 SF
No. Drive In / Grade-Level Doors	11
Zoning	C-3 - Commercial/Industrial

Construction
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