Price on Request

EXCLUSIVE LISTING FOR SALE: Kandr Retail and Office Center

2 Buildings containing 3.1 acres parcel at traffic signal

KANDR Property is a staple location for locally owned and regional businesses serving the immediate community and business commuters. The main exit from the subject property shares a traffic light with the main entrances/exits to the Poughkeepsie IBM Complex. City sewer, water and natural gas. Ample parking, recent capital improvements and much more…

Building Size (Kandr I): 37,450 Sq. Ft.
Year Built (Kandr): 1964
Building Size (Kandr II): 10,000
Year Built (Kandr II): 2000

Highlights:

  • Priced aggressively to sell under $40/sq. ft.
  • Below replacement costs
  • Solid income in-place with tremendous upside
  • Located across form IBM Poughkeepsie Campus main ingress/egress
  • Outstanding Demographics
  • Flexible Zoning; BC – Business Commercial
  • Recent Capital Improvements
  • Excellent Property in High Growth Corridor
  • High Traffic Count along IBM Road: 8,594 AADT
  • Route 9 at IBM intersection: 44,200 AADT

Details

Purpose : Sell
Status : Active
Price : Price on Request
Property Type : Commercial
Property Sub-type : Office
Address : 22 IBM Rd
City : Poughkeepsie
State : New York
Zip Code : 12601
Country : USA
Lot Size : 3.1 AC
Area : 46450 Sq Ft
Zoning Description : BN –Neighborhood Business
Latitude : 41.6504857
Longitude : -73.93295189999998

Features

Gas - Natural
Sewer - Municipal
Water - Municipal
Easy access in High Growth Office/Retail Corridor
Strong Demographics
Flexible Zone

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Robert Buyakowski
Associate Broker, Land Development