40 Vassar Rd Poughkeepsie, NY 12603

29,884 SF 3.32 ac lot Built 1970

Entity Owned 6-yr Hold Free & Clear

Property ID

US63-1085363

$3,425,000 20,174 SF available

40 Vassar Rd, Poughkeepsie, NY 12603
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This exceptional retail property, a former Rite Aid, presents a significant opportunity in Poughkeepsie, NY. Located at 40 Vassar Rd, this 20,174 square foot end-unit space boasts convenient on-site parking and benefits from its high-visibility placement on a heavily trafficked road. The property is classified as Class B and is categorized as a single-tenancy retail space, previously used as a grocery store and convenience store. Its strategic location offers unparalleled access to a substantial population base, including students and faculty from several prominent educational institutions. These institutions include Vassar College, Marist College, Bard College, Dutchess Community College, the Culinary Institute of America, SUNY New Paltz, SUNY Orange, and SUNY Ulster. The area also features a strong presence of private and religious schools, such as Faith Christian Academy, Oakwood Friends School, Our Lady of Lourdes High School, and St. Martin de Porres. Furthermore, the property is conveniently situated near several public schools, including Spackenkill High School, Hagan Elementary School, Orville A. Todd Middle School, and Nassau Elementary School. This prime location, combined with the substantial square footage and ample parking, makes this property an ideal investment for a variety of retail businesses seeking a strong foothold in a thriving community within Dutchess County. The property's zip code is 12603.