85 Main Street Poughkeepsie is a unique opportunity to purchase a rented single-tenant restaurant/bar building PLUS the business assets, if desired. SOLD SEPARATELY OR AS A PACKAGE.
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
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
Heating:
Forced Air, Natural Gas
Basement:
Bilco Door(s), Partial, Storage Space
Construction
Block, Brick
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Private, Water Connected
85 Main Street, Poughkeepsie, NY, 12601
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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