Beacon's Chase Bank Branch On Main Street Is Closing On December 10, 2025
/Following a trend in Beacon, another large building will be empty as new residential/commercial buildings are being built: the Chase Bank at 404 Main Street will close on December 10th, 2025, according to a letter sent in the snail mail to Chase Bank customers and people who have visited the branch.
The letter encourages those who bank with Chase to visit their Fishkill, NY location at 15 Merritt Blvd. Some employees of the Beacon location will continue serving customers in the Fishkill location. Chase has announced closures all over the country as recently as July 2025.
A few blocks west, the Rite Aid that closed during its second round of bankruptcy remains without a new tenant, as big-box pharmacies are closing locations. Walgreens announced earlier this year that it is closing locations in what it calls “Footprint Optimization Program” - a program to reduce footprints into its stores across the country.
Newsweek reported: “In October, the company [Walgreens] said it would be closing about 1,200 stores over the next three years, including 500 in the current fiscal year that ends on August 31.
Declining sales of non-pharmacy items due to online delivery shopping contributed to Walgreens’ revenue loss. “In October 2024, Walgreens announced that it would be closing 1,200 stores over the next three years after reporting a net loss of $3 billion in its fourth quarter,” Newsweek reported. “This compared to a net loss of $180 million the year prior and primarily reflected charges relating to opioid lawsuits from previous years.”
Opioid lawsuits by individuals and municipalities seemed to have drained the pharmacy industry.
Two of Beacon’s original firehouses have been for sale, with one that went into contract in July 25, 2025: Mase Hook and Ladder at 425 Main Street, nearly across the street from Chase Bank. Around the corner on East Main Street, the historic firehouse Beacon Engine Company No 1. Firehouse remains for sale after the City of Beacon evicted the retired volunteer firefighters who used it as their community center, and is being presented as a historic Victorian property, as it was added to the National Registrar of Historic Places in 2004.
As the people of Beacon lose their patience with the unaffordable real estate situation in Beacon, ALBB Readers Reactions have included:
Randy Casale
"A drug store should be there and use the drive through also."
Jay Nicholas
"To make way for an artisanal toothpick shop."
Chris Troy
"Nice building… be a shame if someone didn’t put a coffee shop inside it."
Michael Vierra
"Maybe Tacos or Coffee?...WE NEED MORE TACOS & COFFEE!"

