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Listed by: Houlihan Lawrence Inc.
$ 445,000
Est. payment | /mo
4,188 SqFt
$ 445,000
Est. payment | /mo
4,188 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Square Footage 4,188 sqft
Price per Sqft $106
MLS Listing ID 156379
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1980
Lot Size 4,443 Sqft
Acres 0.1
Lot Dimensions 0.102
Property Sub-Type Business
Property Description
Introducing Columbia Warehouse, a prime multidimensional development opportunity in the heart of Hudson, NY! Located just a block from bustling Warren Street, this property is perfectly positioned to take advantage of Hudson's dynamic economy and growing popularity among entrepreneurs, makers, and businesses. This 4,188 square feet versatile commercial opportunity spans three interconnected structures, an old-world brick building fronting Columbia Street and two spacious warehouse buildings extending to Prison Alley. The adjoining warehouse spaces feature wood frame truss construction, creating wide open expanses with no interruptions. Bring your vision with endless opportunities for a range of uses including office, coworking, workshop, manufacturing, warehouse, storage, logistics, distribution, retail, and mixed-use development. Hudson's ongoing renaissance has brought a surge of new hotels, event venues, restaurants, retail shops, and creative ventures, drawing in both city dwellers and locals alike. The brick structure offers potential for a stunning restored facade, taking inspiration from its neighboring Cannonball Factory, a meticulously restored 1871 landmark that now stands as a beacon of Hudson's architectural revival. Once an industrial powerhouse, the Cannonball Factory is now a dynamic, multi-use space and the home of Barnfox coworking space and Hudson Market Collective. It serves as a neighborhood hub and events space and sets a compelling precedent for Columbia Warehouse.As Hudson continues its remarkable transformation marked by new developments, high-end boutiques, art galleries, and destination restaurants, Columbia Warehouse is poised to play a key role in the town's next chapter. Located in an Opportunity Zone, the property also offers valuable tax incentives, including significant capital gains tax breaks, making it an exceptional investment opportunity. The building is being sold as-is, with a need for a new roof and some structural repair, but its potential for renovation and redevelopment is vast. With soaring ceilings, industrial bones, flexible layout, and dedicated parking, this property offers a rare opportunity to create something truly remarkable. Don't miss your chance to seize this opportunity and become part of Hudson's exciting future
Location
State NY
County Columbia
Interior
Heating None
Exterior
Exterior Feature None
Roof Type Asphalt,Metal
Building
Sewer None
Water Public
Schools
High Schools Hudson
School District Hudson
Others
Tax ID 109.52-2-20