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Property profile

931 Dutchess Tpke Arlington, NY 12603

FOR SALE
Retail properties & Spaces
Property ID
US63-2245162
1,948 SF 0.5 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 931 Dutchess Turnpike in Arlington, NY 12603, presents a unique investment opportunity. The 1,948 square foot building sits on a half-acre lot (0.5 acres) and boasts a prime location next to Dutchess County's newest rental community. The property's strategic placement offers high visibility and exposure, with numerous restaurants, retail shops, medical offices, and seasonal entertainment options within easy walking distance. Currently configured as a two-story building, the property is zoned MHC, allowing for both residential and commercial uses. This flexibility allows for a variety of development options, including operating a retail store or restaurant on the first floor with residential space above, or demolishing the existing structure to create a new commercial development. The asking price is $700,000, translating to $359.34 per square foot. This property is an ideal investment for entrepreneurs seeking high visibility and diverse development potential in a thriving community. Don't miss this chance to own a piece of Arlington's vibrant commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,948 SF
Lot 0.5 ac (21,780 SF)
UPID US63-2245162

Cap rate & NOI

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

Location

931 Dutchess Tpke Arlington, NY 12603
Arlington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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