2689 W Main Street, Wappingers Falls, NY, 12590
$950,000
Multi Family
Commercial
Details
ML#: H6318127
- # of Families: 6
- Sale or Rent:Sale
- Status:Active
Description
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!
More Property Details
Lot Size: 0.11
Parking Spaces: Yes
Parking Facilities: None, On Street
Heat: Baseboard, Natural Gas
A/C: None
Water: Public
Zoning: VC
Listing Information provided courtesy of
Compass Greater NY, LLC
845-236-6170