2303 Lucas Turnpike
$929,000
—
4,664
4,664
$199
Description
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)....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.
- Listed by Jane Stack • Four Seasons Sotheby's Int'l RP: (917)-270-7800 C: (917)-270-7800 jane.stack@fourseasonssir.com
Property Details for 2303 Lucas Turnpike
Senior Community YN
No
Waterfront YNYes
General Property Information:Waterfront YNYes
General Property Information:Water Body NameRONDOUT CREEK
General Property Information:Senior Community YNNo
LISTING UPDATED: 10/23/2024 01:42 PM
Property Details for 2303 Lucas Turnpike
Status | Active |
---|---|
MLS # | 20244292 |
Days on Market | 65 |
Taxes | $9,670 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1950 |
Lot Size | 0.62 AC / 27,007 SF |
County | Ulster County |
Building Information for 2303 Lucas Turnpike
Stories2Residences4Year Built1950Building Size-Lot Size0.62 AC / 27,007 SF
Property Information for 2303 Lucas Turnpike
Property History for 2303 Lucas Turnpike
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2303 Lucas Turnpike
Taxable ValueLand$27,000Additions$323,100Total$350,100
Home Facts
Total Finished SqFt4,312 SqFtAbove Grade Finished SqFt4,312 SqFtUnfinished Basement SqFt1,640 SqFtStories2Lot Size27,007 SqFtStyleOffice BuildingYear Built1950Year Renovated2015ZoningB1CountyULSTERAPN513400 70.9-2-22
Schools near 2303 Lucas Turnpike
This home is within Rondout Valley Central School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 3 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 4 to 6 |
Rating | School | Distance |
---|---|---|
Marbletown Elementary School PublicK to 3 | ||
Rondout Valley Junior High School Public7 to 8 | ||
Rondout Valley High School Public9 to 12 | ||
Rondout Valley Intermediate School Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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