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    303 Mill St Poughkeepsie, NY 12601

    For Sale
    $595,000

    Vacant, 4,556 sq ft, $595,000

    Property size:
    4,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class B office building, located in Poughkeepsie's central business district at 303 Mill St, 12601, presents a unique investment opportunity. Boasting 4,556 square feet of vacant space, this property is ideally suited for a variety of uses, including traditional, executive, or creative office setups. The asking price is $595,000, translating to $130.60 per square foot. The building benefits from a highly desirable location with direct frontage on US Route 44/NYS Route 55, ensuring excellent visibility and accessibility. On-site parking is supplemented by convenient municipal parking options. Its central location offers easy access to key amenities, including the Dutchess County Courthouse, municipal offices, and the Poughkeepsie Train Station (serving Metro-North Hudson Line and Amtrak). The property enjoys proximity to MidHudson Regional Hospital, Vassar Brothers Medical Center, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America. A vibrant atmosphere is ensured by nearby local shopping, dining, events, and community activities. The high traffic count of 5,593 AADT on Mill Street further enhances the property's appeal. A Matterport 3D virtual tour is available for a comprehensive view of the space. The lease type is NNN, and the property is currently vacant.

    Property Features for 303 Mill St

    General Information

    Property type
    Office space
    Square Feet
    4,556 SF
    Class
    B

    HighLights

    • Class B office building, 4,556 sq ft, located at 303 Mill St, Poughkeepsie, NY 12601.
    • Asking price: $595,000 ($130.60/sq ft).
    • High visibility location on US Route 44/NYS Route 55 with on‑site and municipal parking.
    • Excellent access to amenities including the Poughkeepsie Train Station, courthouse, hospitals, and colleges.
    • NNN lease, currently vacant; Matterport 3D virtual tour available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Law Office of Jerold ... Attorney Bopp Bryan Attorney Firas Neshwiwat Law ... Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.92571761
    Latitude
    41.70473995

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    FAQs

    What type of property is this?
    Office space - Vacant, 4,556 sq ft, $595,000
    Where is this office space located?
    The property is located at 303 Mill St Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Class B office building, 4,556 sq ft, located at 303 Mill St, Poughkeepsie, NY 12601.; Asking price: $595,000 ($130.60/sq ft).; High visibility location on US Route 44/NYS Route 55 with on-site and municipal parking.
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    303 Mill St Poughkeepsie, NY 12601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 Mill St Poughkeepsie, NY 12601
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