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    271 Titusville Rd Poughkeepsie, NY 12603

    For Sale
    $905,000

    Thriving Restaurant & Apartments

    Property size:
    10,030 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property in Poughkeepsie, NY, presents a rare investment opportunity. The 10,030 square foot building sits on a 1.09-acre lot and boasts a well-established, highly successful restaurant and a five-unit apartment building. The restaurant features a large covered patio, a bar, and two spacious dining rooms, equipped with two walk-in freezers, coolers, a full kitchen, and a hood system. The apartment building comprises one two-bedroom unit, two one-bedroom units, and one studio apartment, each with separate utilities. A dedicated septic system and municipal water supply serve both the restaurant and apartments. Ample parking is available in a large lot, easily accommodating residents, staff, and restaurant patrons. The property enjoys a central location with excellent visibility, contributing to its strong financial performance. The property has generated an annual net operating income (NOI) exceeding $80,000. The current owner, after nearly fifty years of ownership, is offering this impeccably maintained property for sale. This is a truly unique opportunity for a savvy investor seeking a high-performing, established business with significant upside potential.

    Property Features for 271 Titusville Rd

    General Information

    Property type
    Retail properties
    Square Feet
    10,030 SF
    Lot Size
    47,480 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess County
    State
    New York
    Longitude
    -73.85233
    Latitude
    41.65886

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    FAQs

    What type of property is this?
    Retail property - Thriving Restaurant & Apartments
    Where is this retail property located?
    The property is located at 271 Titusville Rd Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $905,000.
    (845) 473-1650
    Request Owner's contact information
    271 Titusville Rd Poughkeepsie, NY 12603
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    Poughkeepsie, NY 12603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    271 Titusville Rd Poughkeepsie, NY 12603
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