Nest Seekers

214 Main Street Downtown Poughkeepsie Opportunity Zone Courtyard Separately Deeded Parking Value Add Upside 214 Main is a 7, 500 SF fully renovated four story commercial building located in the ...

214 Main Street
Poughkeepsie, NY 12601

Listing

Web ID:5337882
Website:https://www.nestseekers.com/5337882

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 0.1 Acres

Financials

Price:$1,699,000
Annual Taxes:$17,836.13

Description

214 Main Street Downtown Poughkeepsie Opportunity Zone | Courtyard | Separately Deeded Parking | Value-Add Upside 214 Main is a 7,500+ SF fully renovated four-story commercial building located in the heart of Historic Downtown Poughkeepsie’s central business corridor and positioned within a federally designated Opportunity Zone. This asset offers rare flexibility: an investor can lease at market rates for stabilized yield, reposition for value-add upside, or occupy a flagship headquarters while generating income from additional floors. A Downtown Asset with Rare Amenities Unlike typical downtown inventory, 214 Main includes features that materially enhance both leasing velocity and long-term value: • Private Rear Courtyard A spacious and rare outdoor amenity ideal for tenant gatherings, hospitality activation, wellness programming, creative workspace use, or event-driven concepts. Outdoor space of this scale is a true scarcity asset. • Separately Deeded Adjacent Parking Lot (211 Union Street) Off-street parking for approximately 15 vehicles — a highly sought-after amenity in Downtown Poughkeepsie where dedicated parking is limited. This parcel is independently deeded, creating optionality for future monetization, development, or structured value enhancement. • Rare Outdoor Rooftop A private and rare outdoor amenity with multiple potential uses and a brand new waterproof roof. Building Configuration & Infrastructure Originally renovated in 2012, the property is professionally configured for single-tenant or multi-tenant occupancy. *10 private offices *2 conference rooms* Restrooms on every floor * Multiple storage areas *Separate utilities per level *Intercom system for controlled access *Large cellar-level recreation/training space suitable for classrooms, collaborative workspace, or tenant amenities The structure is handicap accessible and has undergone significant capital improvements, including: *Roof replacement *Updated front windows * Exterior lighting upgrades * Copper plumbing *Annual boiler and fire/alarm system inspections Heating is oil (above-ground tank). The layout supports straightforward floor-by-floor tenancy, enabling flexible lease structuring or phased occupancy. Prime Walkable Location 214 Main Street sits at the intersection of culture, commerce, and commuter flow: *Steps from the Bardavon 1869 Opera House *Near the Mid-Hudson Civic Center *Surrounded by restaurants, bars, retail, and nightlife *Close to government and municipal offices * Minutes to Metro-North (direct access to NYC) *Near Hudson River waterfront redevelopment This positioning supports strong demand from professional offices, medical administrative users, educational operators, nonprofits, creative service firms, and hybrid office concepts seeking urban vibrancy without Manhattan pricing. Opportunity Zone Advantage Located within a federally designated Opportunity Zone, qualified investors may benefit from capital gains tax deferral and potential long-term tax advantages (buyers to consult tax advisors). This designation enhances long-term hold strategies and repositioning opportunities. Investment Strategy & Upside The building will be delivered vacant, allowing for immediate repositioning and lease-up. With multiple floors, separately metered utilities, a private courtyard, and dedicated parking, the property provides: *Clear value-add lease-up potential * Owner-occupant with income strategy * Multi-tenant professional office conversion* Adaptive reuse potential *Long-term redevelopment optionality Downtown Poughkeepsie is undergoing sustained revitalization, and assets offering outdoor space, deeded parking, and walkable proximity to entertainment and transit are limited. 214 Main Street represents a rare combination of scale, flexibility, and embedded amenity value in a growing Hudson Valley market with direct commuter connectivity to New York City.

Amenities

  • Bathrooms
  • Built-in Features
  • Cable - Available
  • Electricity Connected
  • Fire Alarm
  • Fire Escape
  • High Speed Internet
  • Lobby
  • Natural Gas Available
  • Other
  • Ramp
  • Refrigerator
  • Security System
  • Trash Collection Public
  • Video Cameras
  • 214 Main Street offers a prime downtown location just 0.5 miles from the Poughkeepsie train station and two blocks from the county courthouse, positio
  • Main entrance located directly off Main Street, offering easy access and excellent visibility.
  • First Floor Foyer
  • The first floor includes multiple offices, a professional reception area, handicap accessibility, an IT room, and a handicap-accessible restroom. Rear
  • First Floor Reception next to front entrance
  • One of the First floor offices
  • The first floor includes multiple offices, a professional reception area, handicap accessibility, an IT room, and a handicap-accessible restroom. Rear
  • The first floor includes multiple offices, a professional reception area, handicap accessibility, an IT room, and a handicap-accessible restroom. Rear
  • The first floor includes a handicap-accessible bathroom for convenience and accessibility.
  • The second floor offers a conference room, an office, a bathroom and an expansive waiting that could also serve as a reception area, making it ideal f
  • Second Floor Conference Room
  • second floor reception area
  • Top Floor Reception/office space
  • Top Floor Conference Room
  • The top floor reception area can easily function as additional office space and features beautiful lighting with updated hardwood floors throughout. T
  • The top floor includes a private conference room with French doors, a reception area, kitchen, bathroom, and two offices. With direct rooftop access,
  • The top floor includes a kitchen conveniently located near the rooftop access door. This level has the potential to operate as a separate business sui
  • One of the offices on the Top Floor
  • Digitally enhanced image of the rooftop, illustrating the potential for a unique outdoor business or gathering space.
  • Spacious basement with a stage area, two bathrooms, one shower, a utility room, and a large storage room, offering flexible space for a variety of use
  • Spacious basement with a stage area, two bathrooms, one shower, a utility room, and a large storage room, offering flexible space for a variety of use
  • One of the two bathrooms in the basement this is the one with a shower
  • Digitally enhanced photo of the Private courtyard located between the building and the parking lot, providing a rare outdoor space with potential for
  • Private courtyard located between the building and the parking lot, providing a rare outdoor space with potential for a variety of business uses with
  • Rear view highlighting the accessible ramp entrance and rooftop fire exit.
  • Includes a private gated parking lot accommodating 14+ vehicles — a rare and valuable amenity in this area
  • View of the surrounding downtown area featuring the Mid-Hudson Civic Center & Convention Center, the historic Bardavon 1869 Opera House, the Dutchess
  • The outline of 214 Property from Main Street to Union Street
  • Basement floor plan.
  • Main Floor
  • 2nd Floor
  • Top floor with rooftop exit

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of K. Fortuna Realty, Inc.