160 Salt Pt Tpke Poughkeepsie, NY 12603-1091
This exceptional commercial property, located at 160 Salt Point Turnpike in Poughkeepsie, NY, presents a unique opportunity for a variety of businesses. The expansive 5,720 square foot building sits on a two-acre corner lot at the intersection of Salt Point Turnpike and N. Grand Avenue, offering excellent visibility and accessibility. Ample paved parking is available on all three sides of the building, ensuring convenient parking for employees and clients. The property boasts a tranquil wooded backdrop, providing a sense of privacy and seclusion. The building is divided into multiple units, each featuring several private offices, comfortable sitting areas, dedicated receptionist spaces, and restrooms. Each unit also includes a large central conference room, perfectly situated for meetings and collaborations. The property benefits from separate electric meters, heating, and central air conditioning systems for each unit, allowing for independent climate control and energy management. Municipal water, sewer, and natural gas services are readily available. The substantial lot size presents significant potential for future expansion, making this property an ideal investment for businesses seeking growth and flexibility. The property's versatile layout and prime location make it suitable for a wide range of commercial uses. This is a rare opportunity to acquire a substantial and well-maintained commercial property in a desirable location.
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Popavero Jr Thomas J CPA Accounting Firm Tax Preparation
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
BN · Poughkeepsie, NYCosts & 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.