Single-Level Office and Retail
For Sale
Contact for pricing
8 Mill St, Dover Plains, NY 12522
1,560 SF single-level building zoned HR with on-site parking, utilities, and flexible office/retail/service layout.
Property Size1,560 SF
Price / SF$240.38
Days on Market184
Property Features for 8 Mill St
General Information
Standard status
Active
Size
1,560 SF
Class
B
Property subtype
Office
Zoning
HR
Occupancy
100%
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1930
Stories
1
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas Cervone · License #NY 49CE0922865
(845) 485-3100
Source:
Crexi
Added: Apr 20
Changed: Oct 8
Last Checked: Oct 19 at 6:35AM
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 CR Properties Group LLC
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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 single-level building totals 1,560 SF and was originally built in 1930. It offers a practical office layout with a flexible configuration that can support office and community-serving professional uses, as well as office, retail, and service applications.
The property includes on-site parking and single-level accessibility, and is served by public water with private sewer and electric utilities. Located at 8 Mill St in Dover Plains, New York, it is positioned to accommodate a variety of business needs within a manageable footprint.
The property includes on-site parking and single-level accessibility, and is served by public water with private sewer and electric utilities. Located at 8 Mill St in Dover Plains, New York, it is positioned to accommodate a variety of business needs within a manageable footprint.
Key Highlights
- 1,560 SF single‑level building with flexible layout for office, retail, and service uses
- Zoned HR and supports office and community‑serving professional uses
- On‑site parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,969
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,380
$499.4K
Cap Rate 7%
$356,700
$356.7K
Cap Rate 9%
$277,433
$277.4K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$42.7K $27.36/SF
− Vacancy
−$9.4K −$6.02/SF
EGI
$33.3K $21.34/SF
− OpEx
−$8.3K −$5.34/SF
NOI
$25.0K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,380
Cap Rate 7%
$356,700
Cap Rate 9%
$277,433
Alternative Uses
Best Use
Office B
$356.7K
$312.1K – $416.2K
NOI $24,969 @ 7.0% cap · market cap 6.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$469.6K
$410.9K – $547.9K
NOI $32,871 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 12522, NY
4,993
Population
2,135
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
86%
High-School Grad
37.5 sq mi
ZIP Area
133
Density / Sq Mi
$82,636
Median Household Income
$42,336
Median Earnings
$1,339
Median Rent
$282,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 1,560 SF single-level building zoned HR with on-site parking, utilities, and flexible office/retail/service layout.
Where is this office building located?
The property is located at 8 Mill St Dover Plains, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,560 SF single‑level building with flexible layout for office, retail, and service uses; Zoned HR and supports office and community‑serving professional uses; On‑site parking available
