• For Sale
  • USD 929,000 
  • Build Size: 4,664 ft2
  • Land Size: 27,007 ft2
  • Property Type: Multi-Family Home
  • Bedroom: 4
  • Bathroom: 2
  • Half Bathroom: 2
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 four 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. Listing agent has a financial stake in the property.
Jane Stack
Jane Stack
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2303 Lucas Turnpike,High Falls, NY, 12440, High Falls, New York, United States is a 4,664ft2 High Falls luxury Multi-Family Home listed for sale USD 929,000. This high end High Falls Multi-Family Home is comprised of 4 bedrooms and 2 baths. Find more luxury properties in High Falls or search for luxury properties for sale in High Falls.