2557 South Ave Wappingers Falls, NY 12590
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.