Property profile

364 Main St Beacon, NY 12508

FOR LEASE
Banks
Property ID
US63-6278038
0.85 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.85 ac (37,026 SF)
Zoning code CB
APN 130200 6054-29-006819-0000
UPID US63-6278038

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Postal Service Courier Service
  • Loan Service Bank

Location

364 Main St Beacon, NY 12508
Beacon metro Census 210101 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
2 recorded transactions
2024
$1.3M
2017
$1.3M

Zoning & alternative use

CB · Beacon, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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