5-9 Rock City Rd - Storefront Retail/Residential FOR SALE


Woodstock, NY 12498
$3,900,000 USD
845-616-2509
5-9 Rock City Rd, Woodstock, NY for Sale
$3,900,000 USD
Storefront Retail/Residential - FOR SALE
1/36
null | Request Cap Rate

5-9 Rock City Rd
Woodstock, NY 12498


HIGHLIGHTS

  • off street parking
  • 8 units with Short Term Rental Permit
  • 3 long term tenants in retail space

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$693 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

HC

APN/PARCEL ID

5800-027.054-0003-010.000-0000

ASK ABOUT THIS PROPERTY

Sheena LepezCompass Greater New York, LlcMore Info
845-616-2509

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Sheena LepezCompass Greater New York, LlcMore Info
845-616-2509

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