Located in the heart of Poughkeepsie's industrial and commercial zone (C-3), 188 Cottage Street presents a unique opportunity for investors with 9%+ cap rate. This ±12,832 SF building sits on nearly an acre of land and offers flexible space ideal for office, light industrial, storage, or conversion to other income-producing uses. The property currently is 100% with a strong rental history and tenant mix. The layout and zoning offer potential to reconfigure or optimize usage based on need. With ample lot space and approximately 141 ft of frontage, the site also provides easy access for deliveries, employee parking, or outdoor operations.
| MLS # | 1014443 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 140 |
| Listing Provided By | KW MidHudson | Don Minichino |
| SQ Feet | 12,832 |
|---|---|
| Units | 8 |
| Building(s) | 2 |
| Acreage | 0.94 |
| Cooling | Central Air |
|---|---|
| Heating | Electric |
| Construction Materials | Block, Brick |
|---|
| Utilities | Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Assessed Value | 764500 |
| Tax Annual Amount | 24876.42 |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| Listing VS Median (in 12601) | |
Price: $1,400,000 low | high Med: $289,500 sqft: 12,832 low | high Med: 3,015 $ / sqft: $109 low | high Med: $165 On site: 140 low | high Med: 148.5 | |
| State | NY |
|---|---|
| County | Dutchess County |
| City | Poughkeepsie |
| Zip Code | 12601 |
| Listing VS Median (in 12601) | |
Price: $1,400,000 low | high Med: $289,500 sqft: 12,832 low | high Med: 3,015 $ / sqft: $109 low | high Med: $165 On site: 140 low | high Med: 148.5 | |