Mary Collins Real Estate, Inc.
 
MARBLETOWN NY - ID: 20184499 - MARBLETOWN On the Market
186 Mohonk Road, High Falls, NY 12440 ID: 20184499
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Price: $495,000

Sq. Feet: 41,279

Acreage: 7.74

Year Built: 1960

School District: RONDOUT VALLEY



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Industrial

Description: Realize the full potential of this 40, 000 sq ft. building known as Mohonk Arts. Located in Marbletown’s Industrial District, the potential use for the building is wide and varied with many allowed uses. This is an excellent opportunity to move your business into the beautiful Hudson Valley and join the current makers and businesses currently on site and located throughout the region. 7.74 acres with generous parking and untapped possibilities. Current net income is $60, 000 (12.2 % cap rate), with only a small portion of the building leased. This property is located in a great neighborhood of thriving businesses in the hamlet of High Falls which enjoys immense popularity by full time residents, dedicated weekenders and travelers drawn to the beauty of the Hudson Valley. The building is in need of some capital improvements such as a new roof (quote available) and other renovations. Owner financing possible with substantial down payment. Research shows that the Catskill Watershed Corporation has low interest loans available to help existing or proposed businesses start, relocate, expand, consolidate or improve operations with the Watershed region.



FEATURES:
WATER: 294
ZONE: Ind
LOT DIMENSIONS: 7.74 Acres
CONDITION: Good
LOT/SITE: Hamlet/Village


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Listing courtesy of: Berkshire Hathaway Homeservices Nutshell Realty / Listing Agent: Laurel Sweeney
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The data on this website relating to real estate comes from the (IDX) of the Multiple Listing Service of Ulster County. Real estate listings of brokerage firms other than Mary Collins Real Estate, Inc. are marked with the IDX logo and the detailed information about them includes the listing broker's name. This 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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