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    1081 Route 55 Lagrangeville, NY 12540

    Sponsored
    For Sale
    $700,000

    Three-story building, ample parking, turnkey opportunity.

    Property size:
    1,225 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 1081 Route 55 in Lagrangeville, NY, offers a unique investment opportunity. Spanning 1,225 square feet on a 0.26-acre lot, this three-story building is ideally situated in the heart of the town center. Currently operating as a multi-faceted business encompassing a hair salon, beauty studio, boutique, and formal wear shop, the property presents versatile options for a new owner. The building boasts a convenient private parking lot with at least nine spaces and a motorized handicap lift, ensuring accessibility for all. The layout is well-designed, with the top floor dedicated to dress fittings, the main floor serving as the salon, and the basement providing ample storage space. Each floor offers substantial square footage, maximizing operational efficiency. Previously a residential property, its conversion to commercial use opens a wide range of possibilities for future development and business ventures. The property is meticulously maintained and features recent upgrades, including a new central air conditioning system, a new hot water heater, and an updated bathroom. The seller is open to including the existing businesses in the sale, providing a turnkey operation for immediate revenue generation. This prime location and versatile space make this an exceptional opportunity for a savvy investor seeking a thriving commercial enterprise. The asking price is $700,000.

    Property Features for 1081 Route 55

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,225 SF
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1932
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lagrangeville
    County
    Dutchess County
    State
    New York
    Longitude
    -73.80376
    Latitude
    41.67259

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    FAQs

    What type of property is this?
    Commercial real estate - Three-story building, ample parking, turnkey opportunity.
    Where is this commercial real estate located?
    The property is located at 1081 Route 55 Lagrangeville, NY.
    What is the asking price?
    The asking price for this property is $700,000.
    (845) 876-8600
    Request Owner's contact information
    1081 Route 55 Lagrangeville, NY 12540
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    Lagrangeville, NY 12540
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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
    1081 Route 55 Lagrangeville, NY 12540
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