Active
2689 W Main Street
Wappingers Falls NY, 12590
$950,000
Active
Commercial
Welcome to an exceptional investment opportunity in the thriving village of Wappingers Falls! This fully occupied mixed-use commercial building is nestled in a prime location amidst a bustling community of fresh businesses and dynamic growth potential. Currently fully occupied, all but one unit are on month-to-month leases, presenting a golden opportunity to update and bring rents up to market value. There is significant flexibility to reconfigure or reposition the spaces to maximize the Net Operating Income (NOI). Current rents are below market, providing substantial upside potential for increased revenue. The building boasts a solid construction with a mix of retail / office spaces, catering to diverse business needs. Wappingers Falls is experiencing a renaissance, with new businesses opening and a strong sense of community driving economic growth. This property is perfectly positioned to capitalize on the village's upward trajectory. Whether you're looking to expand your investment portfolio or seeking a high-potential property, this mixed-use commercial building is a rare find. Don't miss out on the chance to invest in the Village of Wappingers Falls!
H6318127
MLSⓇ ID
August 2, 2024
Listed
November 25, 2024
Updated
Map
2689 W Main Street
Wappingers Falls NY, 12590
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Baseboard
Exterior/Building Features
Other Property Details
Garage
No
View
No
County
Dutchess
Municipality
Wappinger
Water Source
Public
Pool
No
Listed by Robin Bermudez with Compass Greater NY, LLC
Listing Contact: 845-2366170
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Claire Browne shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:46 PM UTC, 11/25/2024