364 Main St Beacon, NY 12508
- Banks
- 0.85 lot acres
Current Use by Public Records
- ATM / Atm
- FedEx Drop Box / Mailing Service
- Bob Anderson - Citizens Bank, Home Mortgages / Mortgage Lender
Property Details for 364 Main St
- Lot size
- 0.85 lot acres
- Zone code
- CB
- Property type
- Banks
- APN
- 130200 6054-29-006819-0000
- APU
- 9223372036854775807
Description
This exceptional freestanding retail property, located at 364 Main Street in Beacon, New York, presents a unique investment opportunity. The 6,542 square foot building, constructed in 1970, is situated on a 0.54-acre lot and features a single story design. Currently vacant, the entire space is available for lease, offering flexibility for a variety of commercial uses. The property boasts approximately 25 parking spaces and includes a convenient drive-thru, ideal for restaurants or other businesses requiring quick customer access. Concept plans are available for two distinct retail spaces: one measuring 3,267 square feet and another at 3,275 square feet, both with drive-thru capabilities. The property's strategic location between Eliza Street and Fishkill Avenue on Main Street ensures high visibility and accessibility. A full basement provides ample storage space, further enhancing the property's versatility. The property's Dutchess County location (APN: 13020000605400290068190000) offers a thriving market and strong potential for growth. This is a rare opportunity to acquire a well-positioned, versatile commercial property in a desirable location. The minimum divisible space is 3,267 square feet, with a maximum contiguous space of 3,275 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,320,000
- 6.5%
- $1,355,000
- 7%
- $1,230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,435,000
- Geo Method
- $1,285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,285,000
- Retail
- $1,230,000
- Mixed-Use
- $1,320,000
- Hospitality
- $1,505,000
- Educational
- $1,360,000
- Residential Income
- $1,160,000
- Energy
- $1,150,000
- Income-Based Land
- $1,255,000
- Food Service
- $1,275,000
Location Insight
- Map
- Local Demand
- City
- Beacon
- County
- Dutchess
- State
- New York
- Longitude
- -73.9677
- Latitude
- 41.5044
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA