103 Parker Ave, Poughkeepsie, NY 12601-1992
This exceptional 1,500 square foot commercial space, located at 103 Parker Avenue in Poughkeepsie, New York, 12601, presents a unique investment opportunity. Currently configured as a bar, this single-tenant property offers immense flexibility due to its diverse permitted uses. Zoning allows for a wide range of businesses, including but not limited to: ice cream shops, bike rentals, restaurants, coffee shops, cafes, delis, clothing stores, theaters, auditoriums, manufacturing facilities, bakeries, pet stores, food trucks, daycare centers, breweries, offices, churches, martial arts studios, dance studios, salons, barber shops, pizzerias, art galleries, and funeral parlors. The property's prime location adjacent to the Walkway Over the Hudson State Historic Park ensures high visibility and foot traffic, making it an ideal location for a variety of businesses seeking a vibrant and accessible setting. The property is classified as Retail, Office, and Restaurant. This is a single-tenant space offering significant potential for a discerning entrepreneur. The property's latitude and longitude coordinates are 41.71230764188135 and -73.92277836772563 respectively. Don't miss this chance to establish your business in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Poughkeepsie, NYPoughkeepsie. Always verify with local authorities before improvements.
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.