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MANHASSET LONG ISLAND NEW YORK
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2689 W Main Street, Wappingers Falls, NY, 12590 $950,000

Multi Family Commercial  

Property Picture
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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

Property Features

Lot Size: 0.11   Parking Spaces: Yes   Parking Facilities: None, On Street  

Appliances & Utilities

Heat: Baseboard, Natural Gas   A/C: None   Water: Public  

Listing Information provided courtesy of Compass Greater NY, LLC  845-236-6170
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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