347 Main Street, Poughkeepsie is a multi-tenant retail/office asset on 1.17ac with leasing and development upside in a growing Central Business District. The subject property includes one of three federal bankruptcy courthouses in the Southern District of New York, guaranteed by the United States Government (S&P Credit Rating: AA+). The lease commenced in 2005 and was recently extended for an additional 10 years thru 2034.Though some of the 80+ surface lot parking spaces are dedicated to the court, a large majority of the lot could be developed into an apartment building or hotel with up to 7 stories. ***PENDING 20YR LEASE FOR 6,397SF WITH MEDICAL PROVIDER***ASSUMABLE 5.4% MORTGAGE
Listing By
Agency Name: KW MidHudson
Agency Phone: 914-962-0007
Shown By
Agent Name: Adele Rosenberg
Agent Phone: (631) 499-1000
Agency Title: Howard Hanna | Coach Realtors
347 Main Street | MLS# 976196
This commercial property located at 347 Main Street , Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $4,400,000. Search Poughkeepsie real estate on arosenberg.coachrealtors.com today.