188 Cottage Street, Poughkeepsie, NY 12601

$1,400,000

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List Price
$1,400,000
Status
ACTIVE
Days on Market
43
MLS#
1014443
Subtype
Commercial Sale
Lot Size
40,946
Acres
0.94
Neighborhood
Poughkeepsie

Property Description

Located in the heart of Poughkeepsie’s industrial and commercial zone (C-3), 188 Cottage Street presents a unique opportunity for investors with 9%+ cap rate. This ±12,832 SF building sits on nearly an acre of land and offers flexible space ideal for office, light industrial, storage, or conversion to other income-producing uses. The property currently is 100% with a strong rental history and tenant mix. The layout and zoning offer potential to reconfigure or optimize usage based on need. With ample lot space and approximately 141 ft of frontage, the site also provides easy access for deliveries, employee parking, or outdoor operations.

Additional Information

Taxes
$24,876
Heating
Electric
Air Conditioning
Central Air
School District
Poughkeepsie City

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Don Minichino (dminichino@kwcommercial.com) from Listing Office: KW MidHudson.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.