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271-273 Titusville Rd Poughkeepsie, NY 12603
$905,000
  • Commercial
  • Year Built 1950
  • Retail
  • ML# H6335550

Property Details

Overview

Rare Lagrange mixed use opportunity including well established, thriving restaurant and five unit apartment building. Impeccably kept property with long term owner deciding to liquidate after nearly fifty years. Restaurant includes huge covered patio, bar and two dining rooms. Fixtures include two walk-in freezers, coolers, full kitchen & hood. Apartment building includes (1) 2 bedroom, (2) one bedrooms and (1) studio. Separate utilities for all apartments. Dedicated septic system and municipal water source for apartment building and restaurant. Large parking lot offering abundant space to easily accommodate residential tenants, restaurant staff and patrons. Annual NOI of $80, 000+. Centrally located with exceptional visibility. An opportunity not to be missed.

Key Facts

  • Lot Size: 1.09
  • Taxes: $15,303
  • Sale or Rent: Sale
  • School District: Arlington

Additional Features

  • Construction Materials: Frame
  • Parking Spaces: Yes
  • Parking Facilities: Parking Lot

Interior & Utilities

  • Heat: Electric, Natural Gas, Baseboard, Forced Air, Heat Pump
  • A/C: Ductless
  • Water: Public
  • Sewer: Septic Tank

Financial

  • Taxes: $15,303
Listing Information provided courtesy of BHHS Hudson Valley Properties  845-473-1650
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