9 Rock City Road, Woodstock, NY 12498

$3,295,000

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List Price
$3,295,000
Status
ACTIVE
Days on Market
162
Price Change
▼ $405,000 1783633273
MLS#
961667
Subtype
Commercial Sale
Lot Size
13,939
Acres
0.32
Neighborhood
Woodstock

Property Description

Welcome to 9 Rock City Rd, a rare opportunity to acquire a turnkey; high-income mixed-use building located directly in the heart of Woodstock, NY. The property offers immediate cash flow for the next owner from day one. The building consists of 12 total units, including eight residential units and four retail units with an option to utilize the separate cottage as a residential unit currently used as retail. All retail tenants are in place under leases, providing stable and predictable income, while the residential component is split between five units currently operated as short-term rentals and three units leased to annual tenants. With an opportunity to convert the remaining leased units to STRs presents a compelling value-add opportunity. This property already holds the proper license for Short Term Rental and is zoned to operate as a boutique hotel, giving it a significant competitive advantage in a market where short-term rental supply is limited complete is its own parking for up to 10 cars. Rock City Road is the premier mixed-use investment in one of HudsonValley's most sought-after destinations. With Woodstock's bustling art and cultural scene, Rock City Rd places you in the center of one of the most beloved communities in the Hudson Valley. The perfect opportunity to launch a business venture, this property truly delivers space, style, location and endless potential.

Additional Information

Taxes
$29,133
Zoning
HC
Flooring
Ceramic Tile, Hardwood
Appliances
Gas Range, Refrigerator
Heating
Hot Water
Air Conditioning
Wall/Window Unit(s)
Stories
3
Parking
Off Street
Parking Features
Off Street
View
Mountain(s)

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sheena Lepez (Sheena.M.Lepez@gmail.com) from Listing Office: Compass Greater NY, LLC.