Property summary
This exceptional commercial property, located at 2557 South Ave in Wappingers Falls, NY 12590, presents a compelling investment opportunity. The 4,300 square foot lot is zoned for special purpose use and currently features a mixed-use building. The existing structure comprises three units: a restaurant/bar and two apartments, offering diverse income streams. The property boasts convenient parking, accommodating three vehicles to the side, and additional parking spaces are available in the driveway in front of the building. Situated in the Village of Wappingers Falls, this location offers excellent visibility and accessibility. The asking price for this unique property is $699,000. This presents a rare chance to acquire a well-positioned commercial property with significant potential for growth and return on investment. The property's versatile nature allows for a variety of future development possibilities, making it an attractive option for both seasoned investors and those seeking a new venture. Detailed information on zoning and permitted uses is readily available upon request. Don't miss this chance to secure a prime commercial property in a thriving New York community. Serious inquiries only.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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