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2689 W Main Street

Wappingers Falls, NY 12590
  • $950,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: H6318127
UPDATED: 211 min ago
$950,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

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!

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
www.nicoleburkehomes.com/homes/153272291
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2689 W Main Street Wappingers Falls, NY 12590

  • Price: $950,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 211 min ago
  • MLS #: H6318127
0
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Wappinger
County:
Dutchess
Area:
Wappinger
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!
Exterior Features

Parking Features NoneOn Street Stories 3 Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement YN No Cooling None

Property Features

Additional Fees YN No Additional Parcel YN No Association YN No Heating BaseboardNatural Gas Number Of Residential Units 4 Property Sub Type Multi Family Seasonal YN No Sprinkler System YN No Street View Param 1$41.600167$-73.920679$241.05$13.33$1.00$W5eWH7hv7nlsxeX0JROPtw Usable Area 6174.00 Village Wappingers Falls Water Source Public Zoning VC

Listing courtesy of Robin Bermudez of Compass Greater NY, LLC:
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803