Skip To Content

201 Main St

Beacon, NY 12508
  • $2,950,000
  • STATUS: Active
  • MLS #: 407898
UPDATED: 118 min ago
$2,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,250
    SQFT
  • $182
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Nearly half an acre on Beacon's bustling Main Street. 17 income producing residential rental units. 5 commercial retail spaces. As of right, possibility of building a +/- 16,000 sq. ft addition in what is now the rear parking area. All rents are undermarket. Buildings need major renovation in order to raise rents to market levels. This is a long term play for a deep pocket investor who has the vision and the means to unlock this unique property's full potential. Current cap rate is 4.5%. An + 8% cap rate is achievable.

Monthly Payment Calculator



© 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2022-08-12T23:33:15.03.
www.barbaracarterteam.com/homes/128455245
Print Image

201 Main St Beacon, NY 12508

  • Price: $2,950,000
  • Status: Active
  • On Site: Days
  • Updated: 118 min ago
  • MLS #: 407898
0
Beds
0
Baths
0
½ Baths
N/A
Acres
16,250
SQFT
$182
$/SQFT
1920
Built
Neighborhood:
Dutchess County
County:
Dutchess
Area:
Dutchess County
Elementary School:
Other
Middle School:
Rombout Middle School
High School:
Beacon High School
School District:
BEACON CITY
Property Description
Nearly half an acre on Beacon's bustling Main Street. 17 income producing residential rental units. 5 commercial retail spaces. As of right, possibility of building a +/- 16,000 sq. ft addition in what is now the rear parking area. All rents are undermarket. Buildings need major renovation in order to raise rents to market levels. This is a long term play for a deep pocket investor who has the vision and the means to unlock this unique property's full potential. Current cap rate is 4.5%. An + 8% cap rate is achievable.
Exterior Features

Construction Brick Location DowntownHistoric Area Parking Off Street Road Frontage City Street Roof Tar/Gravel

Interior Features

Cooling Window Unit(S) Heating Hot Water Sq Ft Residential 16250

Property Features

Assessed Value 1164000 Business Included No Commercial Type Apartment Exemption None Foreclosure No Land Tax 0 Occupant Tenant Other Information Listed in Another Mls School Tax 0 Short Sale No Sq Ft Source Approximate Sub Type Apartment Tax Year 2021 Township Beacon Units 23 Village Tax 0 Water Sewer City SewerCity Water

Listing courtesy of Daniel L Aubry Lic. Re Bkr: 917-647-6823. © 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.Information Believed Accurate But Not Warranted.


© 2022 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Information deemed reliable but not guaranteed. Data last updated 2022-08-12T23:33:15.03.
 
https://bt-photos.global.ssl.fastly.net/midhudson/orig_boomver_1_407898-2.jpg https://bt-photos.global.ssl.fastly.net/midhudson/orig_boomver_1_407898-2.jpg https://bt-photos.global.ssl.fastly.net/midhudson/orig_boomver_1_407898-2.jpg
Logo
Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299
Highland NY, 12528