Multi-Tenant Property - Owner User Opportunity

1564 Route 9G Hyde Park, NY 12538

1564 Route 9G, Hyde Park, NY, 12538
1564 Route 9G, Hyde Park, NY, 12538
FOR SALE
Property Type:
Industrial
Amount:
$749,000
Last Verified:
Feb 11, 2020

Highlights

  • Multi-tenant Commercial Property
  • Owner-user income opportunity
  • Can be sold fully leased with owner leaseback

Description

Multi tenant commercial property in the town of Hyde Park. 4 freestanding structures on 21.4 acres off Route 9G. Blacktop and gravel parking for 50+ vehicles. Owner user income opportunity. +/- 9,104 square feet in total. Outdoor storage utilized by all tenants.

Building 1: 5,000 square feet built in 1973. Currently leased for automotive use. Two overhead doors, oil and LP heat, office and showroom space.

Building 2: 3,600 square feet tucked off the road and built in 1986. Three 14' overhead doors with drive-in, drive-out access. 16' ceiling height with LP heat, bathroom, storage and small office.

Building 3: 1,104 square feet converted residence. Currently leased for storage. Potential to be converted back to a leasable residence.

Building 4: Two bay freestanding garage used for owner storage. Adds potential for additional income.

Central Dutchess County location, just north of Poughkeepsie. Approximately 10 miles or 15 minutes to the Mid Hudson Bridge and 13 miles or 22 minutes to Taconic State Parkway. 8,208 vehicles per day according to NYS DOT.

Building Size: 9704.0sq ft
Building Class: C
Lot Size: 21.4 acres

Map of 1564 Route 9G, Hyde Park, NY, 12538

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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