Route 9 Development Site 4.3 Acres - Ideal for 5,500 Sq. ft. Stand-alone

2197 South Rd Poughkeepsie, NY 12601

FOR SALE
Property Type:
Commercial Land Development
Amount:
$795,000
Last Verified:
Mar 01, 2019

Highlights

  • Water/Sewer/Gas
  • Excellent Visibility
  • Adjacent parcel also available to access signalized intersection at Route 9 and S Gate

Description

4.3 Acre pad site on very busy Route 9 in Poughkeepsie, NY. Highly desirable development parcel with great visibility. Highlights include: Municipal water, sewer and gas, flexible zoning and ample parking. Access easement through Bonefish Grill parcel. Approximately 47,000 VPD.

Located in the town of Poughkeepsie this parcel is located on the west side of Route 9 (aka South Road), one mile north of Poughkeepsie Galleria. The site is centrally located in a vibrant commercial corridor with new development throughout. 5 miles from the Poughkeepsie Train Station and the Mid Hudson Bridge.

Lot Size: 4.3 acres

Map of 2197 South Rd, Poughkeepsie, NY, 12601

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.