Freestanding Liquor and Deli
For Sale
$949,000
1 S Gate Drive, Poughkeepsie, NY 12601
Freestanding property with a liquor store and deli/convenience store, each with separate entrances and included equipment.
Days on Market86
Property Features for 1 S Gate Drive
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Business Included
Yes
Road Access
Yes
Amenities
customer parking
separate entrances
Building Details
Building Size
2,956 SF
Listing Agency:
K. Fortuna Realty, Inc.
(914) 466-8453
Listed By:
Josephine Diego · License #10401249553
(914) 466-8453
Source:
Cohenandcohenrealty
Added: May 6
Changed: Jul 28
Last Checked: Jul 30 at 1:03PM
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 K. Fortuna Realty, Inc.
Investment Insights
Based on property information with market context.
This for-sale freestanding commercial property includes an established liquor store and a deli/convenience store, presented as a turn-key operation with equipment and fixtures included. The offering features separate entrances for each business, supporting independent day-to-day operations while remaining under one ownership structure.
Located on a high-traffic main road at 1 S Gate Drive in Poughkeepsie, NY, the property benefits from prominent street frontage and visibility to passing vehicles. The site includes ample customer parking and is surrounded by residential neighborhoods and other businesses.
As described, the liquor store and deli/convenience store are fully stocked and benefit from an existing customer base. Owner financing is available, and financials can be provided upon request for serious inquiries.
Located on a high-traffic main road at 1 S Gate Drive in Poughkeepsie, NY, the property benefits from prominent street frontage and visibility to passing vehicles. The site includes ample customer parking and is surrounded by residential neighborhoods and other businesses.
As described, the liquor store and deli/convenience store are fully stocked and benefit from an existing customer base. Owner financing is available, and financials can be provided upon request for serious inquiries.
Key Highlights
- Freestanding commercial property operating as a liquor store and a deli/convenience store
- Each business has a separate entrance
- Included equipment and fixtures for turn‑key operations
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 | $74.5k | $25.20 |
| − Vacancy | −$3.1k | −$1.06 |
| EGI | $71.4k | $24.14 |
| − OpEx | −$17.8k | −$6.04 |
| NOI | $53.5k | $18.11 |
2,956 SF · lease $25.20/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$764.6K
$669.0K – $892.0K
NOI $53,522 @ 7.0% cap · market cap 5.64%
Second Best
Retail
$540.3K
$472.8K – $630.4K
NOI $37,822 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$889.8K
$778.6K – $1.04M
NOI $62,287 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 17%
Hotels & Casinos 6%
Texas Roadhouse
Dining
25,309 visits/mo
0.4 miles
Dunkin' Donuts
Dining
17,717 visits/mo
0.1 miles
Taco Bell
Dining
11,779 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
6,957 visits/mo
0.4 miles
Sunoco
Shops & Services
3,115 visits/mo
0.2 miles
Demographics for 12601, NY
44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding property with a liquor store and deli/convenience store, each with separate entrances and included equipment.
Where is this grocery and convenience store located?
The property is located at 1 S Gate Drive Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Freestanding commercial property operating as a liquor store and a deli/convenience store; Each business has a separate entrance; Included equipment and fixtures for turn‑key operations
