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66 Cottage St 5,150 SF Flex Building Poughkeepsie, NY 12601 $580,000 ($112.62/SF)

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INVESTMENT HIGHLIGHTS

  • Clear Span, 2 Drive in Doors
  • Mixed Use
  • 3 Phase power
  • Zoning allows 3 stories of residential or mixed use development

EXECUTIVE SUMMARY

This freestanding, single-story, clear-span block building, built in 1954, has been thoughtfully updated while maintaining its industrial character. The interior has been stripped back to its core and extensively improved, including air sealing, repaired and repainted walls, a ground and sealed slab floor, two new three-phase subpanels, all-new high-bay LED lighting, and three newly installed radiant tube heaters. Custom-built carriage doors have been added to the parking lot side.
Exterior upgrades include repaired, and water sealed foundation, as well as new fascia and gutters. The roof is nearing the end of its life but there are no leaks.
The property features 10’ x 10’ grade-level drive-in doors on both ends, an approximately 55’ x 55’ parking lot on the east side, and a 12’-wide driveway on the west.
Recent rezoning has transitioned this area from light industrial to mixed-use, allowing for potential retail, residential redevelopment, or live-work opportunities.
Property Highlights:
-Free Standing Industrial Building 
-400 amp 240v 3 Phase Electric 
-Drive-in Doors at either end
-Clear Span 
-On-site Parking
-Zoning allows for continued use or mixed-use redevelopment 
Demand Generators:
-U.S. RT 44 / NYS RT 55 Area
-Dutchess County's Central Business District 
-Poughkeepsie Train Station
-Mid-Hudson Bridge 
-Dutchess County Community College 
-Marist College 
-MidHudson Regional Hospital 
-Vassar Hospital 
-The Culinary Institute of America
 Area Businesses:
-AFI Glass & Architectural Metal, Inc. 
-Blue Collar Brewery 
-EFCO Products 
-LCS Companies 
-MPI, Inc. 
-4th state metals

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $580,000
Price Per SF $112.62
Sale Type Owner User
Property Type Flex
Property Subtype
Showroom
  • Flex Light Manufacturing
  • OfficeLoft Creative Space
  • FlexLight Distribution
Building Class C
Lot Size 0.34 AC
Rentable Building Area 5,150 SF
No. Stories 1
Year Built/Renovated 1954/2018
Tenancy Single
Parking Ratio 1.55/1,000 SF
Clear Ceiling Height 12’
Zoning MU-3 - The Mixed Use 3 District (MU3) allows up to 3 story mix of retail, service, office, and residential uses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
131300-6162-72-394215-0000
Land Assessment
$52,800 (2024)
Improvements Assessment
$298,000 (2024)
Total Assessment
$350,800 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 35549716

  • Date on Market: 4/18/2025

  • Last Updated:

  • Address: 66 Cottage St, Poughkeepsie, NY 12601

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