thank you
Your email has been sent.
Mixed Use Income Property 3 Properties Offered at $1,350,000 in Poughkeepsie, NY
Investment Highlights
- Fully occupied property with three retail tenants and two residential units.
- Located on a signalized corner along Route 9G, offering strong visibility and traffic exposure.
- Attractive 7.93% cap rate with annual rent escalations in place.
- Annual Escalations for all Tenants
Executive Summary
Houlihan Lawrence Commercial is pleased to present Violet Avenue Properties. This fully occupied mixed-use investment opportunity features a three-tenant retail plaza combined with two residential apartments, delivering stable income and long-term upside. The property consists of two retail buildings housing established tenants and a standalone duplex with two three-bedroom apartments. All tenants benefit from annual rent escalations, ensuring consistent revenue growth.
Positioned on a signalized corner at Route 9G and Violet Avenue, the property offers exceptional visibility and accessibility. The site includes a large corner lot with ample parking, enhancing convenience for both retail customers and residents. Zoned NBD, the property supports a range of neighborhood business uses, adding flexibility for future repositioning or redevelopment.
Financials available upon request.
Positioned on a signalized corner at Route 9G and Violet Avenue, the property offers exceptional visibility and accessibility. The site includes a large corner lot with ample parking, enhancing convenience for both retail customers and residents. Zoned NBD, the property supports a range of neighborhood business uses, adding flexibility for future repositioning or redevelopment.
Financials available upon request.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$166,485
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$166,485
|
| Taxes |
$32,520
|
| Operating Expenses |
$26,970
|
| Total Expenses |
$59,490
|
| Net Operating Income |
$106,995
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $166,485 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $166,485 |
| Taxes | |
|---|---|
| Annual | $32,520 |
| Operating Expenses | |
|---|---|
| Annual | $26,970 |
| Total Expenses | |
|---|---|
| Annual | $59,490 |
| Net Operating Income | |
|---|---|
| Annual | $106,995 |
Property Facts
| Price | $1,350,000 | Number of Properties | 3 |
| Price / SF | $163.93 / SF | Individually For Sale | 0 |
| Cap Rate | 7.93% | Total Building Size | 8,235 SF |
| Sale Type | Investment or Owner User | Total Land Area | 2.81 AC |
| Status | Active |
| Price | $1,350,000 |
| Price / SF | $163.93 / SF |
| Cap Rate | 7.93% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 8,235 SF |
| Total Land Area | 2.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 465 Violet Ave, Poughkeepsie, NY 12601 | Multifamily | 2,508 SF | 1930 | - |
| 471 Violet Ave, Poughkeepsie, NY 12601 | Retail | 4,000 SF | 1990 | - |
| 473 Violet Ave, Poughkeepsie, NY 12601 | Retail | 1,727 SF | 1990 | - |
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Mixed Use Income Property
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.