Excellent opportunity to own a piece of the Village of Coxsackie and its Reed Street Historic District! This mixed-use building includes a ground floor commercial space, four residential units, and an adjacent vacant lot — and is one of three contiguous properties listed. Check out the BROCHURE including more info and investment analysis!
The commercial unit on the ground floor has been beautifully renovated into a quaint general store and coffee shop — the beloved Mansion + Reed General Store. The space is warm and inviting with oversized storefront windows, wood flooring, a large counter with seating, and high ceilings throughout. A public restroom and storage room complete the commercial space. Plus, for those interested in continuing to operate the general store as Mansion + Reed, the business is also being offered for sale separately.
Behind the commercial space is a lovely apartment with high ceilings, stunning wood beams, large open living spaces, a bedroom, full bath, deck with Hudson River views, and off-street parking. On the second floor, there are two large studio units, each with a kitchen and full bathroom, which are currently being used as short-term rentals.
The top floor consists of a beautiful full-floor loft apartment with tons of original charm, lots of natural light, new kitchen and bath, and French doors that open onto an ample deck with even better views of the Hudson River!
Included in the sale is the adjacent vacant lot which is a really great bonus with so many potential uses — an exterior extension of the ground floor commercial space to increase the value and projected income, a community garden, or future development, to name a few.
Additional financials including rental income and expenses available to interested parties. Ground floor storefront and apartment and third floor loft apartment do not have current rent rolls as they are owner occupied.
The Village of Coxsackie (recently featured in The New York Times) is situated just minutes from the Hudson River and offers charming shops and eateries as well as the soon-to-open James Newbury boutique hotel and The Wire event center which hosts weddings and other events. More dining and shopping options abound in nearby popular towns — 10 mins to Athens and its riverfront park with summer ferry to Hudson; 20 mins to Hudson, Catskill, and Leeds; 30 mins to Albany; and, 35 mins to Chatham and Kinderhook. Coxsackie is also close to amazing state parks, golf courses, and skiing and it’s just under a 2-hour drive from the city!
Note: Buyer’s agent to confirm all pertinent information including square footage, property taxes, short term rental restrictions, etc. This offering is for real property only but the seller is also interested in selling the Mansion + Reed General Store business which would include business name, website, social media, POS system, inventory, etc. The sellers are also open to training and passing on vendor relationships. Additional financials for the general store business available to interested parties. Please note that a portion of the property is in flood zone AE though the majority of the building appears to be in Zone X, outside of the hazard area. The current owner has been required to procure flood insurance and buyers are advised to confirm with their lender. The .25 acreage is the combine acreage of both the building and vacant lot .12 acre (45 Reed) & .13 acre (Vacant Lot; 25' x 250').
5,660 Sq.Ft. LIVING AREA
0.25 Acres lot
Speak to one of our agents to schedule a tour or to learn more about this property.