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$ 950,000
Est. payment /mo
Back on Market
2689 W Main ST Wappingers Falls, NY 12590
4,791 Sqft Lot
UPDATED:
12/21/2024 07:01 AM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Back On Market
Purchase Type For Sale
MLS Listing ID KEYH6318127
Originating Board onekey2
Rental Info No
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Welcome to an exceptional investment opportunity in the thriving village of Wappingers Falls! This fully occupied mixed-use commercial building is nestled in a prime location amidst a bustling community of fresh businesses and dynamic growth potential. Currently fully occupied, all but one unit are on month-to-month leases, presenting a golden opportunity to update and bring rents up to market value. There is significant flexibility to reconfigure or reposition the spaces to maximize the Net Operating Income (NOI). Current rents are below market, providing substantial upside potential for increased revenue. The building boasts a solid construction with a mix of retail / office spaces, catering to diverse business needs. Wappingers Falls is experiencing a renaissance, with new businesses opening and a strong sense of community driving economic growth. This property is perfectly positioned to capitalize on the village's upward trajectory.
Whether you're looking to expand your investment portfolio or seeking a high-potential property, this mixed-use commercial building is a rare find. Don't miss out on the chance to invest in the Village of Wappingers Falls!
Whether you're looking to expand your investment portfolio or seeking a high-potential property, this mixed-use commercial building is a rare find. Don't miss out on the chance to invest in the Village of Wappingers Falls!
Location
State NY
County Dutchess County
Interior
Heating Baseboard, Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features None, On Street
Building
Water Public
Others
Special Listing Condition None
Listed by Compass Greater NY, LLC
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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