Two Prime Route 9 Development Lots 2 Properties Offered at $750,000 in Poughkeepsie, NY
INVESTMENT HIGHLIGHTS
- *New Zoning* - Campus Development(CD)
- Opportunity to combine lots for larger scale development or keep separate
- Renovated building and cleared lot
- Heavily trafficked location between Route 9 and South Ave
- Highly visible location
- Corner lot at the first Exit off Route 9 into Poughkeepsie and located on the on ramp southbound. Accessible via North and South exits
EXECUTIVE SUMMARY
*New Zoning* and Build-To-Suit offered. Two adjacent properties for sale/lease - 287 South Ave & 307 South Ave - .95 acres total. Highly visible location, set between two heavily trafficked roads - Route 9 and South Ave. The new zoning, Campus Development (CD), allows building up to five stories high and offers potential for residential 5+ units, student residence, outpatient medical care, hospitals, pharmacy, professional office, convenience store, mixed use, professional service and more. The properties are located at the "Gateway to Poughkeepsie," the first exit off Route 9, on a corner lot extending 600' on South Ave, the on ramp strip to Route 9 south. Excellent opportunity to combine both lots for development or keep properties separate.
PROPERTY FACTS
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Land
307 South Ave, Poughkeepsie, NY 12601 |
Land | 0.64 AC | - | - |
| 287 South Ave, Poughkeepsie, NY 12601 | Retail | 700 SF | 1940 | - |
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CONTACT
-
Ryan Arket - Arket Real Estate
