1289 South Rd Wappingers Falls, NY 12590
- Retail properties
- 19,500 SF
Current Use by Public Records
- Retail properties
Property Details for 1289 South Rd
- Property size
- 19,500 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 19,500 square foot multi-tenant retail center, located at 1289 South Rd, Wappingers Falls, NY 12590, presents a compelling investment opportunity. Boasting 90% occupancy and a prime location on US Route 9, this property benefits from high visibility and significant traffic volume (32,553 AADT). The center is strategically situated near Interstate 84 and the Newburgh-Beacon Bridge, providing excellent access for customers and employees. Its proximity to Dutchess Community College South Campus and Adams Fairacre Farms further enhances its appeal. The property also enjoys convenient access to the New Hamburg Metro-North Railroad Station, offering a commuter-friendly location. Current tenants include a diverse mix of businesses, ensuring a stable income stream. The asking price is $3,100,000, translating to $158.97 per square foot. This represents a strong value proposition in a thriving commercial corridor. This property is ideal for investors seeking a well-established, high-traffic retail investment with strong potential for future growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wappingers Falls
- County
- Dutchess
- State
- New York
- Longitude
- -73.9118
- Latitude
- 41.61
