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    Property profile & analytics
    OFF-MARKET Estimated value $1,645,000
    Showrooms

    289 Main St, Poughkeepsie, NY 12601-3190

    17,250 SF 0.16 ac lot Built 1982
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US63-1319564
    Property summary
    AI-generated overview

    This exceptional 15,000 square foot Class A creative office building, located at 289 Main Street in Poughkeepsie, NY, offers a unique opportunity for businesses seeking premium space in the heart of the city's commercial district. Built in 2999 and extensively renovated in 2020, this three-story building boasts modern amenities including a single elevator and a secure video intercom entry system. Currently configured for multiple tenants, one 400 square foot space is immediately available. The building's prime location on Main Street, with an additional entrance off Garden Street, ensures high visibility and significant foot traffic. The spacious units are adaptable to a variety of uses, making them ideal for offices, seminar spaces, studios (yoga, art, etc.), or production facilities. Situated in the Hudson Valley submarket of Dutchess County (zip code 12601), this property provides easy access to local amenities and transportation. The building's attractive design and modern features create a vibrant and productive work environment. This is an exceptional opportunity to secure high-quality office space in a thriving downtown location. The building's design and location make it an ideal choice for businesses seeking a blend of modern amenities and a dynamic urban setting. The available space is perfect for a variety of creative businesses.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1982
    Total area 17,250 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code C-2
    APN 131300 6162-77-078097-0000
    UPID US63-1319564
    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
    Current use
    Occupant on record · Public records
    • Laughing Gut Kombucha Industrial Manufacturer Production Facility
    • Vintage Fixie (Bike/Boat/Book/etc) Store
    • Alex the Great Vivar Barber Shop
    • Vidl - Barber Shop Barber Shop
    • The Grow Room Reiki Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.68M
    Blend (final) Blend
    $1.65M
    Owner & transaction history
    289 Main LLC · 6 yrs held
    289 Main LLC
    since 2019
    6 recorded transactions
    2022
    2021
    2020
    2019
    $530,000
    2012
    $500,000
    1969
    Zoning & alternative use
    C-2 · Poughkeepsie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.9M +20.3%
    Auto repair, garage $1.7M +8.4%
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