Welcome to Your Next Investment Opportunity
Located at the gateway to the charming hamlet of High Falls, this fully renovated, Class A mixed-use property offers an unparalleled opportunity for investors and entrepreneurs. Set on over half an acre at a highly trafficked corner with over 10,000 cars passing daily (per NY DOT), this 4,664 sq. ft. building is designed to maximize visibility, functionality, and income potential.
The property provides diverse revenue streams with a mix of residential and commercial spaces across four units. The ground floor features two retail spaces, currently home to a hair salon and a wholesale Internet business. Upstairs, a three-bedroom apartment with a sunroom and a one-bedroom unit offers additional rental income. Whether you want to expand your portfolio or establish a cornerstone in this sought-after location, this property delivers in every way.
Craftsmanship Beyond Compare
Every inch of this property reflects meticulous attention to detail and a commitment to quality. From the new standing seam metal roof to the all-new custom Marvin energy-efficient windows, every upgrade has been thoughtfully chosen to enhance both form and function. The shiplap wood siding exudes timeless charm, while updated electrical and plumbing systems ensure modern convenience. Individually metered units provide seamless management, and the careful renovation guarantees low maintenance costs for years to come, setting this property apart from older competing properties that require more maintenance, making it a true masterpiece of design and functionality.
Extensive Renovations & Upgrades
This property has undergone a comprehensive renovation, making it a standout among its peers. Key improvements include:
•A new standing seam metal roof
•All-new Marvin Elevate energy-efficient custom windows
•Shiplap wood siding for a timeless exterior look
•Updated electrical and plumbing systems
•Each unit individually metered for gas and electric
These updates ensure a low-maintenance investment with years of worry-free ownership, setting this property apart from competitors requiring substantial capital improvements.
Where Opportunity Meets Potential. This property offers a rare combination of thoughtful design, modern upgrades, and an unbeatable location, making it a valuable addition to any portfolio.
Designed with both tenants and customers in mind, this property combines convenience and charm:
Ample Parking: Town-approved parking for 15 cars, complete with separate entrance and exit for seamless traffic flow.
Creek Frontage: 76 feet along the Rondout Creek, providing opportunities for additional income or tenant enjoyment.
Strategic Location: Positioned at the crossroads of High Falls, Stone Ridge, Rosendale, and Marbletown, the property is perfectly situated to attract local and visitor traffic alike.
A Compelling Investment
With an 8.5% cap rate, this property delivers exceptional financial performance while requiring minimal upkeep, thanks to its recent renovations. The mix of residential and commercial units offers a diversified income stream, ensuring a robust and stable return on investment for years to come.
The Opportunity Awaits
This property represents a rare opportunity to own a fully renovated, incomegenerating gem in one of the most desirable locations in the Hudson Valley. Meticulously updated with modern features and designed for long-term ease of ownership, it offers exceptional value and versatility. Situated at a highly visible and well-trafficked corner, the property benefits from its strategic location, seamlessly blending accessibility and charm. Its timeless appeal, paired with thoughtfully executed renovations and a diverse mix of residential and commercial income streams, makes it an unparalleled investment opportunity. Poised to deliver strong returns and long-term stability, this property is ready to become the cornerstone of any successful portfolio.
