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    OFF-MARKET
    Medical Office Space

    1978 South Rd, Poughkeepsie, NY 12601

    1,600 SF
    Property ID
    US63-6177617
    Property summary
    AI-generated overview

    This 1,600 square foot commercial building is ideally situated on US Route 9 in Poughkeepsie, NY, offering excellent visibility and accessibility. Located at 1978 South Road, zip code 12601, this vacant Class C office space presents a unique investment opportunity. The property sits on a 0.34-acre lot and benefits from a high daily traffic count of nearly 50,000 vehicles, placing it in close proximity to major shopping destinations such as the Poughkeepsie Galleria, South Hills Mall, and Chestnut Plaza. Its versatile nature allows for various uses, including creative office, medical office, or traditional office space. The asking price is $550,000, translating to $343.75 per square foot. The property's strategic location provides easy access to significant demand generators, including IBM, the Culinary Institute of America, Vassar College, Marist College, the Walkway Over the Hudson, and the Samuel F.B. Morse Historic Mansion. This prime location and high traffic volume make this property an attractive investment for a wide range of businesses. The building is currently vacant, providing immediate occupancy for the new owner. This presents a chance to establish a presence in a thriving commercial area with strong potential for growth and return on investment.

    Property profile
    Verified
    Property type Medical Office Space
    Total area 1,600 SF
    UPID US63-6177617
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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