- For Sale Subject To Offer
- Property Type Retail
- Property Size 25,000 SF
- Lot Size 2.92 Acre
- Property Tenancy Multi-Tenant
- Date Updated Sep 21, 2026
Description
I-84, Exit 13, U.S. Route 9 South to Philipstown Square
Opposite Fishkill Road aka CR 10 Traffic Signal
Interstate 84, Exit 13 – (5 Minutes / 2.5 Miles)
NYS Route 301 – (5 Minutes / 2.5 Miles)CR Properties Group is pleased to present a compelling opportunity to acquire three buildings in one. Philipstown Square, located at 3182 U.S. Route 9 corridor in Philipstown, NY. is an established 25,000± SF, two-story professional office and retail center is situated on 2.92 ± acres. A Hudson Highlands gem located in close proximity to New York City. The property is occupied by a diverse mix of retail, service and professional tenants with 14 storefronts, 13 office suites and benefits from approximately 15,291 vehicles per day along Route 9.
Reasons To Invest
· Well Maintained Shopping Center on busy Route 9 with High Visibility
· Striking Roof Design, Low Maintenance Investment Property
Youtube Drone Video:
Photography:
Cold Spring Metro-North Train Station: (10 Minutes / 4.6 Miles)
Cold Spring Train Station to Grand Central Terminal: 1 Hour & 27 Minutes
Co-Tenants:
B&L Deli, Fred Astaire Dance Studio, Spooner & Mekeel Attorneys at Law, Chic x Nail Carlo's Pizza, Cold Spring Fish, Grey Painting, Soho Salon, Highland Wine & Liquor & more
25,000 SF RETAIL & OFFICE CENTER STRIP
A Compelling Opportunity To Acquire Three Buildings In One On The Same Lot
Nothing Else Like It, Built 1975
Two Separate Buildings With Infill Building Added In 2010
Where The Two Existing Buildings Were Completely Redone
New Windows & Doors / Plumbing / Electrical
HVAC Maintained, Free Siding 45 Year Roof
Investment Opportunity
The combination of an established tenant base, multiple retail and office income streams, below-market rents, significant prior capital improvements and highly visible Route 9 positioning makes the property well suited for an investor, owner-user, or value-add purchaser. The property's diversified unit configuration provides an opportunity to spread vacancy risk across numerous tenants while allowing a new owner to pursue rental growth as leases renew. The large rear yard may also provide additional flexibility for parking, storage, garage construction or other future improvements, subject to zoning and municipal approvals.Lease space today in a beautiful two-story professional retail / office neighborhood center located in the town of Philipstown, occupied by a variety of tenants. Commuter service to New York City is available via the Metro-North Hudson Line, Cold Spring Train Station to Grand Central Terminal. The site is in close proximity to Main Street in the Village of Cold Spring where there is a vibrant atmosphere for shopping, eateries, events, and more.
Co-Tenants:
B&L Deli, Fred Astaire Dance Studio, Spooner & Mekeel Attorneys at Law, Chic x Nail Carlo's Pizza, Cold Spring Fish, Grey Painting, Soho Salon, Highland Wine & Liquor & more
Highlights
- 12" Thick Block Wall Between All Stores
- 14 Stores 13 Offices
- 3 Phase Electric
- 30 Security Cameras
- Access Control For Second Floor Door Entry
- All Stores Have Their Own Sewer Line To The Septic Tank
- All Units On Separate Meters for Electric & Gas
- Automatic Lighting With Second Floor Door Entry
- Covered Entryways
- Custom Made Entrance Sign
- Large Rear Yard To Build Garage & Parking
- Level Ground For Winter Peace Of Mind
- Masonry / Frame Construction
- Only Shopping Center on Route 9 in all of Putnam County
- Prime Route 9 Real Estate, High Visibility
- Property Highlights:
- Tenants Pay For Garbage Pick Up
- Well Water, No Water Bill
- Zero Steps Entry
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Contacts
Thomas M. Cervone
CR Properties Group
Location
Located at 3182 Route 9, Cold Spring, NY 10516, this property is part of the North Highland neighborhood and White Plains market.
Contact Listing Broker
Thomas M. Cervone
CR Properties Group