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Mixed-Use Building in Beacon

335 Main Street, Beacon, NY 12508

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For Sale

$1,700,000

Two-story mixed-use building in the heart of Beacon, New York.

Type:Commercial/Industrial

Property size:

4,800 SF

Price / SF:

$354/SF

We can help!

Contact an agent

Christine Klein

Real Estate License ID: 10401288048

HighLights

Prime location in the heart of Beacon with high‑volume walk‑in traffic.
Established 2400 sq ft liquor store on the first floor.
Additional 2400 sq ft blank slate on the second floor for renovation.
Potential to create apartment space, office space, or artist studio loft.
Ample parking available both on‑street and in a municipal parking lot.
Rare opportunity to own a mixed‑use building in a desirable location.

For Sale

$1,700,000

Two-story mixed-use building in the heart of Beacon, New York.

Type:Commercial/Industrial

Property size:

4,800 SF

Price / SF:

$354/SF

Added:: Jul 19, 2024
Days on Market:: 718
Last Refresh:: Apr 6 at 3:05 am

Property Features for 335 Main Street

General Information

Standard status: Active
Size: 4,800 SF
Property subtype: Commercial/Industrial

We can help!

Contact an agent

Christine Klein

Listing office K. Fortuna Realty, Inc.

Listing date Jul 19, 2024

Source Exitrealty

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.

HighLights

Prime location in the heart of Beacon with high‑volume walk‑in traffic.
Established 2400 sq ft liquor store on the first floor.
Additional 2400 sq ft blank slate on the second floor for renovation.
Potential to create apartment space, office space, or artist studio loft.
Ample parking available both on‑street and in a municipal parking lot.
Rare opportunity to own a mixed‑use building in a desirable location.

Overview

This two-story mixed-use building is located in the heart of Beacon. The first floor is currently occupied by a well-established liquor store with 2400 square feet of space. The second floor offers an additional 2400 square feet, presenting a blank slate for renovation. Potential uses for the second floor include new apartment space, office space, or an artist studio loft. The property benefits from high-volume walk-in traffic and ample parking, with on-street parking available as well as a municipal parking lot located behind the building.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$121.0k	$25.20
− Vacancy	−$5.1k	−$1.06
EGI	$115.9k	$24.14
− OpEx	−$29.0k	−$6.04
NOI	$86.9k	$18.11

4,800 SF · lease $25.20/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.24M

$1.09M – $1.45M (±1% cap)

NOI $86,910 @ 7.0% cap · market cap 5.11%

Second Best

Apartment 5plus

$1.18M

$1.03M – $1.37M (±1% cap)

NOI $82,463 @ 7.0% cap · market cap 4.85%

Theoretical Best

Office A

$1.44M

$1.26M – $1.69M (±1% cap)

NOI $101,142 @ 7.0% cap · market cap 5.95%

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

Property Profile Location Intelligence

Current Use by Public Records

Beacon Wine & Liquors (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Beacon
County: Dutchess
State: New York
Longitude: -73.969704
Latitude: 41.5046745

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For sale
Mixed-use properties
NY
Beacon
12508
335 Main Street

What type of property is this?

Mixed-use property - Two-story mixed-use building in the heart of Beacon, New York.

Where is this mixed-use property located?

The property is located at 335 Main Street Beacon, NY.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Prime location in the heart of Beacon with high‑volume walk‑in traffic.; Established 2400 sq ft liquor store on the first floor.; Additional 2400 sq ft blank slate on the second floor for renovation.