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Listed by Jane Stack, Coldwell Banker Village GreenN
Real estate investors and entrepreneurs, here is an opportunity to own a perfectly renovated Class A Mixed-Use building on a destination corner of one of the Hudson Valley's most popular small towns. The necessary capital investments to this property have already been made and three out of four spaces are currently rented to stable tenants. Set on a half-acre on Lucas Turnpike in High Falls, across from the regionally popular High Falls Food Co-op, this 4,664 sqft multi-use building has parking to accommodate customers for the two retail spaces as well as the tenants for the three bedroom and one-bedroom apartments on the second floor. One of the retail spaces is currently a hair salon. The property has 76 feet of creek frontage on the beautiful Rondout Creek which might be incorporated into the business of a retail tenant. The four corners where the property sits connects visitors and residents of High Falls, Stone Ridge, Rosendale and Marbletown and is trafficked by 10,000 cars a day. The list of improvements made in the recent renovation is exhaustive and available from the listing agent, highlights include: new shiplap wood siding, custom Marvin Elevate (Integrity) windows, a standing seam metal roof, new electrical and plumbing. Individual meters and utilities for each unit are in place. This is a sweat-equity-free money maker. Please contact me for the list of improvements.

More Info

Basic Information

  • Acreage0.62
  • Lfd WaterDRILLED WELL
  • List Price$995,000
  • MLS Number20222505
  • MlsStatusACTIVE
  • Property TypeMixed Use
  • SewerSEPTIC IN-GROUND
  • Square Feet4,664
  • TermsCASH PREFERRED
  • Units4
  • Year Built1950

Utilities

  • Cooling Air ConditioningCENTRAL
  • Heat SourceCENTRAL, FORCED AIR, WALL
  • Heating FuelPROPANE
  • Hot WaterELECTRIC

Location

  • Address2303 Lucas Turnpike
  • Area TownMARBLETOWN
  • Building Number2303
  • Elementary SchoolBENNETT 4-6
  • High School DistrictRONDOUT VALLEY
  • NeighborhoodHIGHFALLS
  • StateNY
  • StreetLucas Turnpike
  • TownHigh Falls
  • Zip12440
  • ZoneB-1

Amenities

  • Other AmenitiesBasement

Other

  • Commercial Features
    • DISPLAY WINDOW
    • DOCK-EXTERIOR
    • DOCK W/O LAVELERE
    • HANDICAP ACCESS
    • HANDICAP FACILITY
    • LAUNDRY ROOM
    • PATIO/DECKS
    • PRIVATE RESTROOMS
    • PUBLIC BATHROOMS
    • SECURITY LIGHT(S)
    • SMOKE DETECTORS
    • STORAGE AREA
  • Electricity60 AMPS, CIRCUIT BREAKERS, SINGLE PHASE, 100 AMPS, 200 AMPS
  • Lot22
  • Lot Dimensions27007
  • Lot FeaturesCORNER LOT, PARKING LOT, SLOPE-GENTLY, OTHER/SEE REMARKS
  • Lot SiteFREESTANDING, HAMLET/VILLAGE, RURAL
  • Owner PaysNONE
  • Sales IncludeBLDG
  • Short SaleNo
  • Tennant PaysALL UTILITIES
  • Virtual TourView Tour
  • View Count32

Building

  • BasementPARTIAL, SLAB
  • ConstructionFRAME/STICK
  • Dockyes
  • Garage Parking ExtrasASSIGNED, DRIVEWAY, parking spaces 11-20
  • Over Head Doorsno

Property

  • Current Business TypeAPARTMENT INCLUDED, BARBER/BEAUTY, GENERAL RETAIL
  • Current Business Type CntOFFICE-GENERAL, OFFICE-PROFESSIONAL, SPECIALTY STORE

Interior

  • FloorsCONCRETE, HARDWOOD, SUB-FLOOR

High Falls, NY Demographics

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High Falls, NY Real Estate Market Data

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High Falls, NY Schools

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