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$ 550,000
Est. payment | /mo
4,791 Sqft Lot
$ 550,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 930736
Rental Info No
Annual Tax Amount $13,801
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime Main Street redevelopment opportunity in the heart of Downtown Poughkeepsie! 380 Main Street is a one-story, 4,750 SF retail building currently configured as three vacant storefronts with basement space, set on a 0.11 acre, 50'×100' lot on the south side of Main St. The parcel sits within the City's newly adopted Poughkeepsie Innovation District PID-A on the updated zoning map (formerly mapped C-2) which is intended to foster mixed-use, pedestrian-oriented infill downtown. Under the PID framework, ground-floor commercial with upper-story multifamily is an as-of-right pattern. Base height limits in the Innovation District range from 5 to 6 stories depending on sub-district, with additional “bonus” stories available for projects that include affordable housing and certain green-building certifications (up to 1+ stories), subject to Planning Board review and dimensional standards (upper-story setbacks, transparency, frontage types, etc.). This address sits amid a wave of downtown investment: the Wallace Campus on Main Street is advancing 187 new affordable apartments through a combination of renovation and new construction. The City has also publicized a six-story, 120-unit mixed-income proposal at 309–316 Main St. Nearby mixed-use anchors like The Academy (food hall + 28 apartments) and artist housing at Queen City Lofts on Main further underscore demand for city living and activated ground floor space. Main Street corridor upgrades (including recent paving between Clinton and White) and the City's 2024 zoning overhaul signal sustained public commitment to downtown revitalization. Bring your mixed-use vision, restaurant/retail/service/artisan uses at grade with 5 floors of apartments above fits the code's intent, then leverage the PID's streamlined standards to add much-needed housing steps from transit, government offices, and the riverfront, all while benefitting from Opportunity Zone census tract status for potential tax advantages (buyer to verify).
Location
State NY
County Dutchess County
Rooms
Basement Full
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Listed by Clarke Realty & Associates LLC • Hamar J. Clarke