218 Main St 4,800 SF 100% Leased Industrial Building Poughkeepsie, NY 12601 $375,000 ($78.13/SF) 7.93% Cap Rate

Commercial property with two masonry and brick buildings--the first building street with street frontage on Main Street consists of 1800 sq ft building with 900 sq ft office on first floor and 2 BR 900 sq ft building on the second floor. The rear building is used as distribution/warehouse with 3,000 sf. In addition, there are four off street parking spaces between the two buildings. All spaces are rented. Centrally located with walkable access to Municipal and County buildings, banks and restaurants in downtown Poughkeepsie. Easy access to East-West Arterial, Route 9 and the Mid-Hudson Bridge. On bus route, walking distance to Metro North Train Station and Union Street Historic District. Property can be sold at a discount with adjoining property 220 Main Street (listed at $1,150,000) for $1.5 million.
contact John Mark Ouka at 845-204-7326 about showing property.