Back to Search
Mixed-Use Commercial and Residence

870 Main Street Hopewell Junction, NY 12533

870 Main Street, Hopewell Junction, NY, 12533
$1,499,999
For Sale
$1,499,999

COMMERCIAL - Hopewell Junction, NY

Property Size7,612 SF
Lot Size0.53 Acres
Price / SF$197.06
Days on Market96

Property Features for 870 Main Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
HC
Rooms
Basement
Parking
25
Parking features
Parking Lot
Security features
Security System
Basement
Full
Standard status
Active
APN
132800-6457-01-382642-0000
Lot size
0.53 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
24958

Utilities

Sewer type
Public Sewer
Heating system
Oil
Cooling system
Central Air
Water source
Public, Well

Building Details

Year built
1900
Floors in Building
2
Building materials
Frame
Additional Structures
Residence
Listing Agency Curasi Realty, Inc.
1060 State Route 17K, Montgomery, NY
Listed by Ann M OBrien · License #30OB0906991
Added: Apr 13 Checked: Jul 17 at 6:06 pm
MLS# 963985

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial building with a two-story detached single-family residence on one lot. The commercial building includes a superette with municipal water and private sewer, ADA accessibility, two loading docks, and a side delivery entrance. Ample parking is provided on both sides of the building. The residence is a 2,386 sf colonial featuring two bedrooms with space to make a third bedroom, and two bathrooms, along with a walkout basement. Reported home features include central air, baseboard heating, a standby generator, hardwood floors, custom trim, and a front porch.

The property is located in the center of town on Main Street and sits on 0.53 acres. It is zoned Highway Commercial (HC). The listing notes proximity to Route 376 and convenient access to major regional highways including I-84 and the Taconic State Parkway.

Key Highlights

  • Mixed‑use property on Main Street in Hopewell Junction, NY: 7,612 SF commercial building plus a 2,386 SF colonial home on 0.53 acres
  • Highway Commercial (HC) zoning on the same lot, with both commercial and residential structures included
  • Commercial building features parking on both sides, two loading docks, and a side delivery entrance with ADA accessibility

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $191.8k $25.20
− Vacancy −$8.1k −$1.06
EGI $183.8k $24.14
− OpEx −$45.9k −$6.04
NOI $137.8k $18.11
7,612 SF · lease $25.20/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.97M
$1.72M – $2.30M (±1% cap)
NOI $137,824 @ 7.0% cap · market cap 9.19%
Second Best
Apartment 5plus
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,773 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M (±1% cap)
NOI $160,394 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom Furniture & Home Goods HVAC Service Bakery Gym & Fitness Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Highway Commercial (HC) mixed-use property with a 7,612 sf commercial building, ample side-by-side parking, and an attached rental home.
Where is this grocery and convenience store located?
The property is located at 870 Main Street Hopewell Junction, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Mixed‑use property on Main Street in Hopewell Junction, NY: 7,612 SF commercial building plus a 2,386 SF colonial home on 0.53 acres; Highway Commercial (HC) zoning on the same lot, with both commercial and residential structures included; Commercial building features parking on both sides, two loading docks, and a side delivery entrance with ADA accessibility
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message