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31157092
31157091

905 NY-376, Wappingers Falls, NY 12590

BC
NY NY -37CI0249273
Corporate Realty Services
Listed by Corporate Realty Services
$2,500,000
101 days on market
Updated 73 days ago

905 ROUTE 376 PROPERTY

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Bank, Day Care/Nursery (+1)
Square Footage 3,000
Net Rentable (SqFt) 3,000
Units 2
Tenancy Multi
Lease Type Net
Lease Term 2.2
Lease Expiration 03/06/2028
Remaining Term 1.7
Price per SqFt $833
Class B
Year Built 1954
Year Renovated 2024
Buildings 1
Stories 2
Acreage 1.600
Zoning C
Investment Type Owner/User
Lease Commencement 01/01/2026

BEST Commercial/ Retail Property - MAJOR PRICE REDUCTION!! $500,000 OFF THE ASKING PRICE!!

Marketing description

Prime Commercial Investment Opportunity – Hopewell Junction, NY

Signalized Corner | High Visibility | Strong Income Potential

Positioned at the signalized intersection of Route 376 and Lake Walton Road in the Town of East Fishkill, this high-exposure commercial property offers a rare combination of location, flexibility, and cash flow potential.

Set on 1.6 acres with approximately 250 feet of frontage, the property benefits from excellent visibility and consistent traffic—ideal for a wide range of commercial uses.

PROPERTY OVERVIEW

  • Lot Size: 1.6 acres
  • Frontage: ±250 feet
  • Zoning: B-1 (General Business)
  • Permitted uses include retail, professional office, auto service, and vehicle sales

Building Improvements

  • Two-story masonry structure
  • Main Level: ±2,225 SF commercial space
  • Second Floor: ±1,600 SF residential apartment
    • Ideal for owner-occupancy or supplemental rental income

KEY FEATURES

  • Prime signalized corner location
  • Strong daily traffic counts and visibility
  • Flexible zoning supporting multiple business types
  • Well-maintained structure with mixed-use capability
  • On-site well and septic

INCOME POTENTIAL

  • Projected rental income: ~$200,000 NNN annually (~$16,600/month)
  • Multiple income streams: commercial + residential
  • Attractive opportunity for both investors and owner-users

INVESTMENT HIGHLIGHTS

  • High-traffic intersection in a growing Dutchess County corridor
  • Stable income potential with upside through lease optimization
  • Rare combination of corner exposure + mixed-use income
  • Ideal for long-term hold or value-add repositioning

SUMMARY

A compelling opportunity to acquire a well-located, income-producing commercial asset in Hopewell Junction, offering strong visibility, flexible use options, and durable cash flow potential.

Investment highlights

BEST RETAIL/ OFFICE/ SERVICE TYPE BUILDING PROPERTY

High-Visibility Location | Mixed-Use Income Potential | 1.6 Acres

Positioned at the signalized intersection of Route 376 and Lake Walton Road in the Town of East Fishkill, this high-exposure corner property presents a rare opportunity to acquire a cash-flowing commercial asset in a growing Hudson Valley market.

📍 Location Highlights

  • Prominent corner lot with traffic signal
  • Approx. 250 feet of frontage
  • Excellent visibility and accessibility
  • Strong daily traffic counts in a rapidly developing area

🏗️ Property Overview

  • 1.6-acre commercial parcel
  • Zoned B-1 (Neighborhood Business) – allows for a wide range of uses
  • Well-maintained two-story masonry building

Building Breakdown:

  • 2,225 SF ground-floor commercial space
  • 1,600 SF second-floor apartment
    • Ideal for owner-user or additional rental income

💼 Permitted Uses

Flexible zoning supports:

  • Retail operations
  • Professional or medical offices
  • Auto repair or service facility
  • Vehicle sales and related uses

💰 Investment Highlights

  • Projected income potential: ~$200,000 net annually (~$16,600/month)
  • Mixed-use configuration enhances revenue streams
  • Opportunity for owner-occupancy + income or full investment hold
  • Serviced by well and septic

🚀 Why This Property Stands Out

  • Rare signalized corner location with strong visibility
  • Flexible zoning for multiple business models
  • Established structure with residential income component
  • Located in a high-growth corridor in East Fishkill

📞 Don’t miss this outstanding opportunity to secure a high-traffic, income-producing commercial property with long-term upside. Schedule your private tour today.

Listing Contacts

BC
NY NY -37CI0249273
Corporate Realty Services
Listed by Corporate Realty Services

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Zoning

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B-3 MixedMixed UseMixed Use
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View all 126 uses
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Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
bill cianelli
License
NY -37CI0249273
Brokerage
corporate realty
Title
Broker
Brokerage Address
455 Tarrytown Road
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