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66 Middlebush Rd
Wappingers Falls, NY 12590
Executive Square · Bureau Propriété À vendre

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FAITS SAILLANTS DE L'INVESTISSEMENT

  • Prime Location: High visibility at a signalized intersection on the bustling US Route 9 corridor.
  • Competitive Pricing: At $130 per sq. ft., it’s priced below market, ideal for value-add investors.
  • Ample Parking: Elevator-serviced common areas and ample parking ensure tenant convenience.
  • Flexible Space: 30,000 sq. ft. with 17 suites, offering opportunities for reconfiguration or condo conversion.
  • Investment Potential: Perfect for REITs or investors looking to renovate or expand a medical office portfolio.
  • High-Traffic Area: Located near major roads and schools, with excellent exposure to both vehicular and foot traffic.

RÉSUMÉ DE L'ANNONCE

Medical Office Building for Sale:
Incredible opportunity for the right buyer to purchase and reimagine this medical or professional office building, strategically located on the southwest corner of a signalized major intersection, within the highly active Route 9 corridor in the Town of Wappinger between Route 9, Middlebush Road and Myers Corners Road. Executive Square is ideal for medical or dental professionals seeking co-occupancy with similar tenants, investment groups, or other businesses seeking a highly visible and flexible space. With competitive pricing at just under $4 million – less than $130 per square foot – and a variety of configurations and suite sizes across three floors, this property caters to a wide range of potential tenants or owners.
Executive Square features an elevator-serviced common lobby and hallways, as well as ample parking ensuring convenience and accessibility for all occupants. Its excellent visibility, coupled with impressive traffic counts, makes this a prime location for professionals looking to revitalize the space and benefit from high exposure in a thriving commercial area in town. Executive Square is strategically located near Wappinger Town Hall, less than 7.5 miles from the highly traveled Interstate 84 and 2.5 miles from the New Hamburg Metro North Train Station. The offices are also conveniently positioned near Wappinger Central School District schools – only 1/4 mile from Wappingers Junior High School and James S. Evan Elementary School, and 1 mile to Ketchem High School
This asset is especially well-suited for real estate investment trusts (REITs), offering significant upside potential. The buyer could benefit from renovating the existing medical offices and converting the building into condo-style suites or combining adjacent offices to meet additional square footage needs. These suites can be parceled out and sold to a variety of clients, such as medical and dental professionals, or added to a diverse portfolio of tenants including healthcare providers and other commercial enterprises.

FAITS SUR LA PROPRIÉTÉ

Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
30 000 pi²
Classe d’immeuble
B
Année de construction
1988
Prix
5 399 199 $ CAD
Prix par pi²
179,97 $ CAD
Pourcentage loué
77%
Location
Multiples
Hauteur du bâtiment
3 étages
Superficie de plancher typique
10 000 pi²
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
0,33
Taille du lot
2,09 AC
Zonage
HC
Stationnement
112 places (3,73 places par 1 000 pi² loué)

COMMODITÉS

  • Affichage

Impôts fonciers

Impôts fonciers

Numéro de lot
135689-6157-02-608885-0000
Évaluation du terrain
1 387 620 $ CAD
Évaluation des bâtiments
2 131 107 $ CAD
Évaluation totale
3 518 727 $ CAD
  • ID d’inscription: 38622107

  • Date de mise sur le marché: 2025-12-02

  • Dernière mise à jour:

  • Adresse: 66 Middlebush Rd, Wappingers Falls, NY 12590

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