This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

923 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

Downtown Redevelopment - Opportunity Zone 359 Mill St

10,227 SF 100% Leased Retail Building Poughkeepsie, NY 12601 $2,531,375 CAD ($248 CAD/SF) 6.95% Cap Rate

Retail Buildings New York Poughkeepsie 359 Mill St, Poughkeepsie, NY 12601

INVESTMENT HIGHLIGHTS

  • Heavy Auto Traffic along NYS-44/55 Poughkeepsie
  • Current Income $153,000/yr - Potential $200,000
  • Zoning Overlay allows for 6-8 Stories Mixed-use Development

EXECUTIVE SUMMARY

Possible redevelopment with in-place $153,000 income and nearly $200,000 potential income. Totaling an acre, situated on the corner of Mill St and N Hamilton. Sale consists of 4 parcels total, 2 of them are vacant land. Other two parcels - 355 Mill currently warehouse/office owner occupied, and 359 Mill - 4 family home of 1 bedrooms, a studio and salon, and 8 garages total in the rear of the lot. All spaces are occupied while you go get your approvals for 6-8 stories mixed-use development (zoned as-of-right).

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,227 SF
Building Class
C
Year Built
1920
Price
$2,531,375 CAD
Price Per SF
$248 CAD
Cap Rate
6.95%
NOI
$175,894 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.97 AC
Zoning
PID-B - Poughkeepsie Innovation District B - 6-8 Stories Mixed-use Development
Parking
5 Spaces (0.49 Spaces per 1,000 SF Leased)
Frontage
69 ft on Mill St
1 of 1
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Chase Bank
Rent-A-Center
Golden Krust
TD Banknorth

PROPERTY TAXES

Parcel Number 131300-6162-78-217082-0000 Improvements Assessment $222,153 CAD
Land Assessment $85,922 CAD Total Assessment $308,076 CAD

PROPERTY TAXES

Parcel Number
131300-6162-78-217082-0000
Land Assessment
$85,922 CAD
Improvements Assessment
$222,153 CAD
Total Assessment
$308,076 CAD
(845) 242-4381

CONTACTS

  • Listing ID: 26771421

  • Date on Market: 2022-10-04

  • Last Updated:

  • Address: 359 Mill St, Poughkeepsie, NY 12601

The Poughkeepsie Retail Property at 359 Mill St, Poughkeepsie, NY 12601 is currently available. Contact Keller Williams Realty Partners for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP
1/6
359 Mill St, Poughkeepsie, NY for sale Building Photo- Image 1 of 6
1
359 Mill St, Poughkeepsie, NY for sale Building Photo- Image 2 of 6
2
359 Mill St, Poughkeepsie, NY for sale Building Photo- Image 3 of 6
3
359 Mill St, Poughkeepsie, NY for sale Building Photo- Image 4 of 6
4
359 Mill St, Poughkeepsie, NY for sale Building Photo- Image 5 of 6
5

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Downtown Redevelopment - Opportunity Zone | 359 Mill St
(845) 242-4381 x

Downtown Redevelopment - Opportunity Zone | 359 Mill St

1/2

Don Minichino

(845) 242-4381

(845) 242-4381

Justin LaFalce

(845) 224-5792

(845) 224-5792

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link