Listed by Keller Williams Realty Partners, KW Mid-Hudson
$550,000
85 Main Poughkeepsie
Details
APN 131300-6062-75-832171-0000
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 5,920
Units 8
NOI $48,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 5
Price per SqFt $93
Broker Co-Op Yes
Class B
Year Renovated 2022
Buildings 1
Lot Size (SqFt) 6,098
Zoning C-1
Parking Spaces 8 spaces
Parking Per SqFt 1.35
Investment Type Stabilized
Ground Lease No
Restaurant / Bar Asset + Operating Business Opportunity (Available Individually or as a Package)
Marketing description
85 Main Street | Poughkeepsie, NY
Restaurant / Bar Asset + Operating Business Opportunity (Available Individually or as a Package)
Located along Poughkeepsie’s Main Street corridor, 85 Main Street presents a compelling opportunity to acquire a ±5,920 SF commercial building configured for bar/restaurant use, with additional upside through a unique operating business component.
The property is well-positioned for an owner-operator or investor seeking a turnkey hospitality setup with the flexibility to either lease, reposition, or activate immediately.
Dual Opportunity Structure (Key Highlight):
1. Real Estate (85 Main Street) - $550,000
- ±5,920 SF bar/restaurant building
- C-1 zoning allowing a range of commercial uses
- Existing infrastructure for food & beverage operations
- Strong visibility and accessibility along Main Street
2. Operating Pizzeria + Bar (Tenant Business – For Sale) - $150,000
- Fully operational pizzeria and bar concept
- Full commercial kitchen + state-of-the-art pizza oven
- Established setup with immediate revenue potential
Investment highlights
Investment Flexibility:
This opportunity is uniquely structured to accommodate multiple buyer profiles:
- Purchase Real Estate Only – ideal for investors seeking stabilized or value-add retail with an in-place tenant
- Purchase Business Only – turnkey entry into a fully built-out, operating concept
- Acquire as a Bundle (Preferred Value Play) – control both the real estate and operating business for maximum upside, operational control, and long-term equity growth
- Financials available upon request
- Operating under a 5-year lease at $4,000/month
Listing Contacts
Listed by Keller Williams Realty Partners, KW Mid-Hudson
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,000.00
$4,000.00/mo
Valuation Metrics
0
DSCR
8.73%
Cap Rate
8.73%
ROI
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