Property profile

1 Main St Beacon, NY 12508

OFF-MARKET
Retail properties & Spaces
Built 1912
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Property summary

AI-generated overview

This exceptional 549,000 USD commercial condo presents a unique investment opportunity in the vibrant heart of Beacon, NY. Located at 1 E Main St, this stunning retail space occupies a prime corner location within a beautifully renovated industrial building. The unit boasts an abundance of natural light from expansive windows offering southern and western exposure. High ceilings (13 feet) create an airy and spacious feel, complemented by polished concrete floors, original massive wood beams, and exposed brick walls, adding undeniable character and charm. Its central downtown location ensures high visibility and significant foot traffic, with easy walking access to other thriving businesses and popular restaurants in this high-density area. Currently occupied by a successful and well-established coffee shop, this property offers immediate income potential. The possibility of purchasing the existing tenant's business separately is also available for those seeking a turnkey operation. This is a rare chance to acquire a highly desirable retail space in a thriving New York Hudson Valley town. The property's unique architectural details and prime location make it an ideal investment for both seasoned investors and new entrepreneurs alike. The building's renovation ensures modern amenities while preserving its historical character. Don't miss this opportunity to own a piece of Beacon's bustling downtown scene.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
  • Wedding Service
  • Brewery & Distillery Bar & Pub

Location

1 Main St Beacon, NY 12508
Beacon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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