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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1676 Us-9 Wappingers Falls, NY 12590

11,090 SF 1.66 ac lot Built 1991
Property ID
Property summary
AI-generated overview

This exceptional 11,090 square foot retail building, situated on a 1.66-acre lot in Wappingers Falls, NY, presents a compelling investment opportunity. Located at a signalized intersection on US-9, the busiest commercial corridor in Dutchess County, this property boasts high visibility and accessibility. Built in 1991 and renovated in 2011, the Class B building features 62 parking spaces, a private well and septic system, and natural gas hookups. The Highway Design zoning allows for diverse uses, including retail, office, medical, and hospitality. Currently configured for showroom, office, and storage, the property is ideal for an owner-user seeking a prominent location or an investor looking to capitalize on its potential for multi-tenant occupancy. The asking price is $2,900,000, translating to $261.50 per square foot. This single-story building offers significant potential for growth and return on investment in a thriving commercial area. The ample parking and convenient location make it an attractive option for a wide range of businesses. The property's existing infrastructure and flexible zoning provide a solid foundation for future development and adaptation to various business needs. Its strategic location on US-9 ensures high traffic volume and excellent brand visibility. The property's size and layout offer flexibility for single or multi-tenant occupancy, catering to a variety of business models. This is a rare opportunity to acquire a well-maintained, strategically located retail property in a high-demand market.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1991
Total area 11,090 SF
Lot 1.66 ac (72,310 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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