186 Mohonk Road

High Falls, NY

$2,375,000

$59 per ft²
$2,375,000
$59 per ft²
Active
Active
 - For Sale
carpenters-square
40,000 ft²
property_type
Commercial
calendar
Built 1960
Welcome to Hudson Valley's , Mohonk Arts Complex, a community of a cluster of artisans. Warehouse is 40,000 sq ft of continuing halls leads to studios, workshops and storage, varying 300 sq ft -2,000 sq ft. Each space served for its individual purpose. Thirty-six amazing spaces w room for increased studios. This One-story warehouse rests on 7.74 acreages in the charismatic hamlet of High falls, NY. Two hours from NYC. Property details, loading docks, egress entrance for deliveries /entry for tractor trailers. Excess of parking. Two 4 stall bathrooms, community space avail to renters. Leases are typically 1 year term w annual renewal. Minimum turnabout of occupants. Strong need is steady w inquires to lease in this ingenious community. Proprietor installed complete state of the art roof structure. Studios are all to code and different in design. Ceiling height ranges 10-16 ft. Communal loading docks accessible. Artists comprise woodworking, craftsmen ,barrel makers, seat weaver, kombucha production, candle maker, popcorn and bread distribution , antique/vintage, book and art dealers, painters, sculptors and more.. A society of gift and passion has been created in this 40,000 sq ft warehouse. Plot has unlimited possibilities, including building additional structure to add to this thriving and imaginative community. Much, much more!! Solid and lucrative income producing investment equity offering a 9-10% cap rate at asking price. Please see associated docs for complete setup
MLS® ID:
20220475
Listed:
3/6/22
Updated:
10/7/22
KW Realty Hudson Valley North
Upstate Curious Team

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
WAREHOUSE SQFT
Floor Description
CONCRETE
Heating
SPACE HEATERS, SUB-BLOWERS

Exterior/Building Features

Lot Size
7.74 acres lot
Exterior Features
DOORS 10-15 FT
Lot Details
PARKING LOT, PRIVATE
Sewer
SEPTIC IN-GROUND

School Information

School District
RONDOUT VALLEY

Other Property Details

Area Name
MARBLETOWN
Taxes
$16362
Tax Frequency
per YEAR
Garage
Yes
Parking
LOT, OTHER/SEE REMARKS, Parking Spaces 20
View
N
County
Ulster County
Water Source
MUNICIPAL
Pool
No
Zoning
IND

Property History

Date
Event
Price
Value
9/1/22
Price Change
$2,375,000
-1%
8/2/22
Price Change
$2,400,000
-2%
7/20/22
Price Change
$2,450,000
-1%
6/8/22
Price Change
$2,493,000
0%
5/27/22
Active
-
-
5/9/22
Active Under Contract
-
-
4/19/22
Price Change
$2,495,000
-7%

 

Courtesy of Corcoran Country Living, Jeanne Rakowski

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Upstate Curious Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 5:42 AM UTC, 10/7/22

KW Realty Hudson Valley North
Upstate Curious Team
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