Restaurant Space for
1-11 Marist Dr Poughkeepsie, NY 12601
1-11 Marist Dr, Poughkeepsie, NY, 12601
$160,000
For Sale
$160,000
980-square-foot restaurant unit with seller financing available, formerly a long-running neighborhood dining spot on Marist Drive.
Property Size980 SF
Price / SF$163.27
Days on Market161
Property Features for 1-11 Marist Dr
General Information
- Standard status
- Active
- Size
- 980 SF
- Property subtype
- Business Opportunity
Listing agency
KFortuna All Aspects Realty
(845) 549-7250
Listed by
Tameeka D Williams
(845) 549-7250
Source
Exprealty
Added: Feb 11 Updated: Jul 22 at 12:20PM Checked: Jul 22 at 12:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KFortuna All Aspects Realty
Investment Insights
Based on property information with market context.
This 980-square-foot unit (Unit 1) offers a turn-key footprint for restaurant concepts, with the layout suited to a deli, restaurant, or boutique grocery use. The space has been operating as a local staple for decades, providing a familiar neighborhood draw along with seller financing available for qualified buyers.
The property is located at 1-11 Marist Dr, directly across the street from Marist College. It’s also surrounded by other education and local destinations, including Vassar College, Dutchess Community College, and nearby vocational schools. Additional nearby points of interest referenced in the remarks include the Mid Hudson Walk Over the Bridge, the Hudson River, and hospitals, with the seller stating more than 40,000 cars passing the venue daily.
If you’re looking for an established, foot-traffic-driven food and retail kitchen setting with seller financing, this Marist Drive unit is designed to support ongoing neighborhood service.
The property is located at 1-11 Marist Dr, directly across the street from Marist College. It’s also surrounded by other education and local destinations, including Vassar College, Dutchess Community College, and nearby vocational schools. Additional nearby points of interest referenced in the remarks include the Mid Hudson Walk Over the Bridge, the Hudson River, and hospitals, with the seller stating more than 40,000 cars passing the venue daily.
If you’re looking for an established, foot-traffic-driven food and retail kitchen setting with seller financing, this Marist Drive unit is designed to support ongoing neighborhood service.
Key Highlights
- 980‑square‑foot restaurant unit at 11 Marist Drive, Unit 1
- Seller financing available
- Former long‑running neighborhood dining spot on Marist Drive
Local Financial Insights For Industrial
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 | $9.3k | $9.48 |
| − Vacancy | −$632 | −$0.64 |
| EGI | $8.7k | $8.84 |
| − OpEx | −$2.6k | −$2.65 |
| NOI | $6.1k | $6.18 |
980 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$253.5K
$221.8K – $295.7K
NOI $17,744 @ 7.0% cap · market cap 11.09%
Second Best
Industrial
$86.6K
$75.8K – $101.0K
NOI $6,061 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$295.0K
$258.1K – $344.2K
NOI $20,650 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - 980-square-foot restaurant unit with seller financing available, formerly a long-running neighborhood dining spot on Marist Drive.
Where is this conventional restaurant located?
The property is located at 1-11 Marist Dr Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 980‑square‑foot restaurant unit at 11 Marist Drive, Unit 1; Seller financing available; Former long‑running neighborhood dining spot on Marist Drive
