Listing Courtesy of: Jane Stack - Four Seasons Sotheby's Int'l R
845-684-0084
$929,000
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2303 Lucas Tpke High Falls, NY 12440
Other
Residence
4
Beds
4
Baths
4,664
Sq. Ft.
0.62
Acre
Lot
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Investors and entrepreneurs, here's a chance to own a fully renovated, Class A mixed-use building on over half an acre in one of the Hudson Valley's most popular small towns. Located on Lucas Turnpike in High Falls, right across from the High Falls Food Co-op, this 4,664 sq. ft. property includes fo...ur leased spaces providing steady income. The building features two ground-floor retail units; a hair salon and a wholesale Internet business plus two apartments upstairs (a three-bedroom and a one-bedroom). With 15 town-approved parking spaces, there's plenty of room for customers and tenants alike. The property offers an 8.5 cap rate and has seen extensive renovations, including new shiplap wood siding, Marvin Elevate windows, a standing seam metal roof, upgraded electrical and plumbing, and separate meters for each unit. Additionally, there's 76 feet of creek frontage along the Rondout Creek, which could be leveraged by future tenants. The location connects High Falls, Stone Ridge, Rosendale, and Marbletown, with over 10,000 cars passing by daily. Contact me for a list of improvements and to arrange a viewing.
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MLS#
20244292
Property Type
Other
Bedrooms
4
Bathrooms
Year Built
1950
Square Feet
4,664
sq. ft
Lot Size
0.62
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