Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Corner Retail Condo in Beacon Title is generated by Realmo AI

    1 E Main St, Beacon, NY 12508

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $549,000

    Retail condo in downtown Beacon with high ceilings and charm.

    Type:Retail
    Added:
    Aug 10, 2023
    Days on Market:
    1016
    Last Refresh:
    May 13 at 8:46 pm

    Property Features for 1 E Main St

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1912

    We can help!

    Listing Contact
    CHARLOTTE ANNE GUERNSEY

    Listing agent CHARLOTTE ANNE GUERNSEY

    Listing office COMPASS GREATER NY LLC BE

    Listing date Aug 10, 2023

    Source Xome

    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 COMPASS GREATER NY LLC BE

    HighLights

    • Prime downtown Beacon location with high visibility and foot traffic.
    • Gorgeous corner unit in renovated industrial building.
    • Beautiful huge windows with southern and western exposure.
    • High ceilings (13ft), polished concrete floors, original wood beams, and exposed brick.
    • Currently occupied by a popular coffee shop.
    • Walking distance to prominent stores and restaurants.

    Overview

    This corner retail commercial condo is located in a renovated industrial building in downtown Beacon. The space features large windows with southern and western exposure, 13-foot high ceilings, polished concrete floors, original wood beams, and exposed brick. Situated in the heart of downtown Beacon, the property benefits from high visibility and foot traffic in a high-density area, with walking distance to stores and restaurants. Currently, a tenant operates a coffee shop in the space. There is potential to buy the tenant out separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Trax Espresso Cafe & Coffee Shop Urban Links Design (Bike/Boat/Book/etc) Store Armitage Water Repairs Big Box & Wholesale Store The Luminous Bride. Makeup ... Wedding Service Liquid Fables Brewery & Distillery

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Beacon
    County
    Dutchess
    State
    New York
    Longitude
    -73.9836313
    Latitude
    41.5067808

    Nearby Similar for Sale

    • $1,499,000

      Beacon Commercial Property on Route 52

      High-visibility commercial property with auto repair business and residential house.
      641 and 645 Route 52, Beacon, NY 12508
      View Details
    • $787,500

      Beacon Main Street Investment Opportunity

      One-story building with restaurant tenant in Beacon's Main Street.
      305 Main St, Beacon, NY 12508
      View Details
    • $375,000
      2,600 SF

      Established Tequila Bar Restaurant Business

      Established tequila bar and restaurant business for sale in Beacon.
      328 Main Street, Beacon, NY 12508
      View Details
    • $3,200,000
      4,525 SF

      Profitable Chocolate Shop with Real Estate

      Artisanal chocolate shop for sale in Beacon and Fishkill, NY.
      269 Main St, Beacon, NY
      View Details
    • $899,000
      975 SF

      Sophisticated Retail or Office Space

      Prime corner retail/office space in Beacon, NY with modern design.
      226 Main Street #1, Beacon, NY 12508
      View Details
    • $1,450,000
      5,360 SF

      Former Dealership Commercial Building

      Former Mitsubishi Dealership available for sale in Beacon, NY.
      409 Fishkill Ave, Beacon, NY
      View Details
    • $225,000

      Established Restaurant Business Opportunity

      Profitable restaurant for sale in the heart of Beacon.
      472 Main Street, Beacon, NY 12508
      View Details
    • Contact for pricing
      1,421 SF

      Commercial Building in Beacon, NY

      Commercial building for sale near Beacon's retailers and demand generators.
      421 Fishkill Ave, Beacon, NY
      View Details
    • $1,900,000
      4,800 SF

      Mixed-Use Building in Beacon

      Two-story mixed-use building in the heart of Beacon, New York.
      335 Main Street, Beacon, NY 12508
      View Details
    • $1,599,900
      3,750 SF

      Mixed-Use Building in Beacon

      Located in Beacon's central business district with retail and apartments.
      179 Main Street, Beacon, NY 12508
      View Details
    • $1,700,000
      2,400 SF

      Mixed-Use Building in Beacon Heart

      Two-story mixed-use building in the heart of Beacon, NY.
      335 Main Street, Beacon, NY 12508
      View Details
    • $3,200,000
      19,857 SF

      Commercial Building in Beacon, NY

      Commercial building for sale or lease in Beacon, NY.
      410 Fishkill Ave, Beacon, NY
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail condo in downtown Beacon with high ceilings and charm.
    Where is this retail space located?
    The property is located at 1 E Main St Beacon, NY.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: Prime downtown Beacon location with high visibility and foot traffic.; Gorgeous corner unit in renovated industrial building.; Beautiful huge windows with southern and western exposure.
    We can help!
    Listing Contact
    CHARLOTTE ANNE GUERNSEY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 E Main St, Beacon, NY 12508
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!