347 Main St Poughkeepsie, NY 12601
New
Multi-tenant retail/office asset with development potential in growing CBD.
Type:Commercial
Property size:
6,397 SFLot size:
1.17 Acres- Added:
- Mar 31, 2026
- Days on Market:
- 2
- Last Refresh:
- Mar 26 at 4:49 am
Property Features for 347 Main St
General Information
- Standard status
- Active
- Size
- 6,397 SF
- Lot size
- 1.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1860
Listing agent Don Minichino License #10401333542
Listing office KW MIDHUDSON (845) 242-4381
Listing date Mar 31, 2026
Source Elliman
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 KW MIDHUDSON
Overview
Poughkeepsie Mixed-Use Asset For Sale
Located at 347 Main Street in Poughkeepsie, this multi-tenant retail and office asset is situated on 1.17 acres within a growing Central Business District. The property offers both leasing and development opportunities. A key feature is the presence of one of three federal bankruptcy courthouses in the Southern District of New York, with the United States Government as the tenant (S&P Credit Rating: AA+). The lease, which commenced in 2005, was recently extended for an additional 10 years through 2034. The property includes a surface lot with over 80 parking spaces. While some spaces are dedicated to the court, a large portion of the lot has the potential to be developed into an apartment building or hotel with a height of up to 7 stories. There is a pending 20-year lease for 6,397 square feet with a medical provider. Additionally, the property features an assumable 5.4% mortgage.
Location Intelligence
Current Use by Public Records
Mid Hudson Family ...
Social Service Agency
WellCare Health Plans
Insurance Agency
Leafy Honeoye, NY
Restaurant
Location Insight
- Map
- Local Demand
- City
- Poughkeepsie
- County
- Dutchess
- State
- New York
- Longitude
- -73.9251308
- Latitude
- 41.7029876
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-tenant retail/office asset with development potential in growing CBD.
Where is this mixed-use property located?
The property is located at 347 Main St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Guaranteed lease by the United States Government (S&P Credit Rating: AA+); Assumable 5.4% mortgage.; Significant development potential for an apartment building or hotel (up to 7 stories).
