Primary retail and office property located on the Dutchess Turnpike Corridor in the Town of Poughkeepsie. The property offers two buildings with 9,696 sq ft, ample parking and commercial sewer and water. Both established businesses provide rental income for the next 18 months; a profitable cash flow to be used while you plan how you will make this ideal location your own. A robust location close to restaurants, schools, shopping, residential and commercial sites with a high traffic count and Business Shopping Center District zoning. BSC zoning with planning board approval offers many possible uses; offices, personal service businesses, bank and financial services, repair shops, animal grooming, veterinary office, retail, shops and more. An entrepreneurial opportunity to own over 1.3 acres of land in an established area; don't miss this chance!
605 & 611 Dutchess Turnpike, Poughkeepsie, NY, 12603
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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