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2303 Lucas Turnpike

High Falls, NY 12440
  • $995,000
  • STATUS: ACTIVE
  • MLS #: 20222505
Price Reduced
UPDATED: 31 min ago
$995,000
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,664
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

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 Valleys 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.

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© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-11-30T08:18:28.03
www.hudsonvalleyshometeam.com/homes/131890413
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2303 Lucas Turnpike High Falls, NY 12440

  • Price: $995,000
  • Status: ACTIVE
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 20222505
0
Beds
0
Baths
0
½ Baths
0.62
Acres
4,664
SQFT
$213
$/SQFT
1950
Built
Neighborhood:
Highfalls
County:
Ulster
Area:
Marbletown
School District:
Rondout Valley
Property Description
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 Valleys 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.
Exterior Features

Construction Frame/Stick Exterior Guttering Garage Parking Extras AssignedDrivewayParking Spaces 11-20 Loading Dock Yes Lot Features Corner LotParking LotSlope-GentlyOther/See Remarks Overhead Doors No Road Frontage Country RoadPavedState Road

Interior Features

Basement PartialSlab Commercial Features Display WindowDock-ExteriorDock W/O LavelereHandicap AccessHandicap FacilityLaundry RoomPatio/DecksPrivate RestroomsPublic BathroomsSecurity Light(S)Smoke DetectorsStorage Area Cooling Air Conditioning Central Electricity 60 AMPSCIRCUIT BREAKERSSINGLE PHASE100 AMPS200 AMPS Floors ConcreteHardwoodSub-Floor Heat Source CentralForced AirWall Heating Fuel Propane Hot Water Electric Interior CoolingFrontageOffice SqftResidential SqftRetail SqftTotal SqftZonedZoning

Property Features

Annual Taxes 8122 Current Business Type Apartment IncludedBarber/BeautyGeneral Retail Current Business Type Cnt Office-GeneralOffice-ProfessionalSpecialty Store Flood Plain No Foreclosure YN No General Tax 1566 Lease Type Month To MonthTwo Or MoreVacant Listing Type Exclusive Agency Lot Site FreestandingHamlet/VillageRural Owner Pays None Sales Include Bldg Sewer Septic In-Ground Short Sale YN No Tennant Pays All Utilities Terms Cash Preferred Type Mixed Use Water Drilled Well

© 2022 by Hudson Valley Catskill Region MLS.
Listing # 20222505 provided courtesy of Jane Stack of Coldwell Banker Village Greenn: 845-255-0615.
© 2022 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated:2022-11-30T08:18:28.03
 
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