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Deli and Market Convenience Store
For Sale
$1,100,000

2048 Route 9D, Wappingers Falls, NY 12590

One Stop Deli & Market with store hours from 5am to 9pm.

Property Size7,200 SF
Days on Market195

Property Features for 2048 Route 9D

General Information

Standard status Active
Size 7,200 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $16,537

Building Details

Building Size 7,200 SF
Listing Agency: Bhhs Hudson Valley Properties Fk
Listed By: Gursharn Dhaliwal
Source: Elliman
Added: Apr 11 Changed: Oct 15 Last Checked: Oct 20 at 8:14PM

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 Bhhs Hudson Valley Properties Fk

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This One Stop Deli & Market is offered for sale and is presented as a retail operating location. The business is described with store hours running from 5am to 9pm, and questions regarding the store, the sale amount, and any potential lease terms and agreements are indicated as discussable with the owner.

The property is located at 2048 Route 9D in Wappingers Falls, New York, and is described in the listing as being in a high traffic area. The listing also references goodwill in the amount of $300,000.00.

Because the listing does not provide additional details on the building or layout, interested parties should confirm all operating and property specifics directly with the owner.

Key Highlights

  • One Stop Deli & Market for lease
  • Store hours 5am–9pm
  • Offered with $300,000 goodwill

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$92,124
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,842,480 $1.8M
Cap Rate 7%
$1,316,057 $1.3M
Cap Rate 9%
$1,023,600 $1.0M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$137.4K $19.08/SF
− Vacancy
−$5.8K −$0.80/SF
EGI
$131.6K $18.28/SF
− OpEx
−$39.5K −$5.48/SF
NOI
$92.1K $12.80/SF
Area
Dutchess County, NY
Vacancy
4.20%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,842,480
Cap Rate 7%
$1,316,057
Cap Rate 9%
$1,023,600

Alternative Uses

Best Use
Specialty Retail
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,365 @ 7.0% cap · market cap 11.85%
Second Best
Retail
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,124 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M (±1% cap)
NOI $151,713 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Law Firm Auto Repair Shop Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
13,344 visits/mo 0.2 miles

Demographics for 12590, NY

37,051
Population
14,563
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
34.8 sq mi
ZIP Area
1,065
Density / Sq Mi
$98,252
Median Household Income
$52,861
Median Earnings
$1,674
Median Rent
$365,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - One Stop Deli & Market with store hours from 5am to 9pm.
Where is this grocery and convenience store located?
The property is located at 2048 Route 9D Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: One Stop Deli & Market for lease; Store hours 5am–9pm; Offered with $300,000 goodwill
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