5 Grand St, Poughkeepsie, NY 12601-3008

This unique 2,120 square foot commercial property, located at 5 Grand St in Poughkeepsie, NY, presents a compelling investment opportunity. Situated on a 0.07-acre lot, the building is currently configured as a workshop and office space. However, its zoning allows for a diverse range of uses, offering significant flexibility for future development. Potential uses include residential apartments, retail spaces, storage facilities, or even a sports complex, subject to obtaining the necessary permits and approvals. The property is being sold "as is," providing the buyer with the opportunity to customize the space to their specific needs and vision. The asking price is $235,000. Given its central location in Poughkeepsie and its adaptable zoning, this property represents a rare chance to acquire a versatile commercial asset with substantial upside potential. The existing structure provides a solid foundation for immediate occupancy or redevelopment, making it an attractive option for both seasoned investors and first-time buyers seeking a high-return investment. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm zoning regulations and potential development options.