Commercial in Dutchess
MLS Number | 6263544 |
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Address | 19 Donovan Drive, Hopewell Junction, NY 12533 show map |
Price | $2,199,000 show mortgage calculator |
Acres | 0 |
Year Built | 2016 |
Est. Sq. Footage | 0 |
Zoning | I1 |
Current Uses | |
Permitted Uses |
Conveniently located along Interstate 84, this 10,000 SF R&D, Manufacturing and Office building was built in 2016. Currently, the building is occupied by a Class A tenant with 4 years remaining on the existing lease plus two, 3 year extension options. The building is immaculately clean and well maintained. Completed engineering drawings show expansion potential to 1.5x its size. Perfect for a 1031 investor or owner occupier who can purchase at a 7 cap.
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