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383 Main St 7,280 SF Retail Building Poughkeepsie, NY 12601 $609,481 CAD ($83.72 CAD/SF)
Investment Highlights
- Located in Poughkeepsie's Downtown Business Improvement District
- Retail, Office, Medical, Mixed-use Zoning Overlay
- Ideal for owner-occupier or builder - potential 5-story redevelopment
- Features large ground-floor commercial with second floor storage/workshop
- Municipal Water/Sewer, Natural Gas Access
- Federal Opportunity Zone benefits available
Executive Summary
383 Main is a 2-story 7,280SF commercial building recently vacated by a long-time single retail tenant who used the upper floors for storage/workshop space and now for sale for the first time in more than 40 years. Site features municipal water/sewer, oil heat (tanks located in basement), natural gas access on the street. Originally a 3-story home with a basement, a later addition (date unknown) extended the building back to the property line on the first and second floors, leaving a small front attic, and a covered facade. Building could use a complete interior/exterior overhaul and is priced accordingly for a quick sale. Zoning allows for up to 5 stories as-of-right for an ideal redevelopment or owner-occupier position.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,280 SF
Building Class
C
Year Built
1900
Price
$609,481 CAD
Price Per SF
$83.72 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.09
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
PID-A - Poughkeepsie Innovation District A - Retail, Office, Medical, Mixed-use up to 5 Stories (additional 2 stories with Affordable Housing component)
Parking
4 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
34’ on Main St
Amenities
- Signage
Walk Score®
Walker's Paradise (92)
Nearby Major Retailers
Property Taxes
| Parcel Number | 131300-6162-78-166052-0000 | Improvements Assessment | $439,076 CAD |
| Land Assessment | $71,998 CAD | Total Assessment | $511,074 CAD |
Property Taxes
Parcel Number
131300-6162-78-166052-0000
Land Assessment
$71,998 CAD
Improvements Assessment
$439,076 CAD
Total Assessment
$511,074 CAD
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383 Main St
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