231 Clinton Ave - Loft/Creative Space FOR SALE


Kingston, NY 12401 | 
$649,900 USD
845-389-7895
231 Clinton Ave, Kingston, NY for Sale
$649,900 USD
Loft/Creative Space - FOR SALE
1/33
null | 8.65% Cap Rate

NEW


231 Clinton Ave
Kingston, NY 12401


HIGHLIGHTS

  • Prime Uptown Kingston investment opportunity offering six rental spaces with flexible owner-occupant income potential.
  • Just under 4,000 finished square feet plus rear parking for approximately 12 vehicles.
  • Flexible zoning allows residential, apartment and commercial uses, creating numerous possibilities for future ownership.
  • Multiple private offices, reception areas and shared amenities accommodate a variety of professional business uses.
  • Newer roof, heating system, hot water heater and updated electrical provide valuable property improvements.

OVERVIEW

Great Uptown Kingston Investment Opportunity (6 rentals) or occupy some of the building and rent out the rest. Building consists of just under 4,000 square feet of finished space on the first and second floor, there is parking in the rear for +/- 12 vehicles. There is a full dry basement with newer heating system, hot water heater and updated electrical. Building currently has one anchor tenant that occupies about 90/100 of the first floor, they have about 1 year left on their lease. On the front left side of the building there is a private entrance for a multiple floor suite consisting of a first and second floor office space with its own front entrance, 1/2 bath, reception area, then two offices on the second floor. The additional units are on the second floor consisting of 4 nice size offices that share a common waiting room and a full bath. The building has a sprinkler system in the halls and a full stair accessible attic perfect for additional storage. Office buildings with parking are a rare commodity for the Uptown business industry. Ideal for so many different possibilities lawyers, accountants, doctors, etc. or purchase and use as a live/work building. Building also has a newer roof. Great zoning allows for single family, apartments and commercial so the possibilities are endless.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$166 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Commercial

APN/PARCEL ID

0800-048.331-0005-010.000-0000

ASK ABOUT THIS PROPERTY

Greg BerardiBerardi RealtyMore Info
845-389-7895

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Greg BerardiBerardi RealtyMore Info
845-389-7895

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.