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Four-Story Mixed-Use Building
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494-498 Main St, Beacon, NY 12508

Gut-renovated property with five apartments and two commercial spaces.

Property SizeContact for details
Days on Market143

Property Features for 494-498 Main St

General Information

Standard status Active
Total Parking Spaces 7
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Corner Location Yes
Multifamily Units 5

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: McGrath Realty Inc Hopewell Junction
Listed By: Ryan McGrath · License #NY 10401313731
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:24AM

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 McGrath Realty Inc Hopewell Junction

Investment Insights

Based on property information with market context.

This historic corner property at 494-498 Main Street in Beacon combines five apartments with two commercial spaces across four stories. The building underwent a complete gut renovation within the last 10 years, including high-efficiency HVAC, lighting, and insulation upgrades. A penthouse adds another distinctive element, with views toward Mount Beacon.

The property includes an on-site parking lot with space for 7 cars. Its mixed-use configuration brings residential and commercial components together within a single building, while the corner position provides frontage along Main Street. Floor plans, income and expense information, and showings are available upon request.

Key Highlights

  • Four‑story historic corner building at 494‑498 Main Street
  • Five apartments and two commercial spaces
  • Complete gut renovation within the last 10 years

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Electrical Service Big Box & Wholesale Store Grocery & Convenience Store Garden 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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 12508, NY

19,537
Population
8,798
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
14.4 sq mi
ZIP Area
1,357
Density / Sq Mi
$88,510
Median Household Income
$59,498
Median Earnings
$1,700
Median Rent
$401,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Gut-renovated property with five apartments and two commercial spaces.
Where is this mixed-use property located?
The property is located at 494-498 Main St Beacon, NY.
What are key features of this property?
This property features: Four‑story historic corner building at 494‑498 Main Street; Five apartments and two commercial spaces; Complete gut renovation within the last 10 years
(845) 896-5444 Call to check price and availability
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