605 & 611 Dutchess Turnpike
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605 & 611 Dutchess Turnpike
2 Retail Properties Offered at $1,193,978 CAD in Multiple Locations
Investment Highlights
- In Place Income with a wide range of potential future uses on the lease expirations
- This prime location on the Dutchess Turnpike Corridor offers excellent retail and office use redevelopment potential with in-place income!
- BSC zoning with planning board approval offers many possible uses including offices, personal service businesses, bank, repair shops, and more!
- This is an entrepreneurial opportunity to own over 1.3 acres of land in an established area!
Executive Summary
This is prime retail and office property located on the Dutchess Turnpike Corridor in the Town of Poughkeepsie. A robust location close to restaurants, Arlington High School, shopping, residential and commercial sites with a high traffic count and Business Shopping center District zoning. The property offers two buildings with ample parking and commercial sewer and water.
Both established business provide rental income for the next 18 months; a profitable cash flow to be used while you plan how you will make this ideal location your own.
Both established business provide rental income for the next 18 months; a profitable cash flow to be used while you plan how you will make this ideal location your own.
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,193,978 CAD | Number of Properties | 2 |
| Price / SF | $123.14 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 12.13% | Total Building Size | 9,696 SF |
| Sale Type | Investment | Total Land Area | 1.38 AC |
| Status | Active |
| Price | $1,193,978 CAD |
| Price / SF | $123.14 CAD / SF |
| Cap Rate | 12.13% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,696 SF |
| Total Land Area | 1.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 611 Dutchess Tpke, Poughkeepsie, NY 12603 | Retail | 9,080 SF | 1946 | - |
| 605 Dutchess Tpke, Arlington, NY 12603 | Retail | 616 SF | 1975 | - |
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605 & 611 Dutchess Turnpike
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