186 Mohonk Road $2,300,000

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    186 Mohonk Road High Falls, NY

    • Commercial
    • MLS# 20220475
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    Property Details

    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

    • General Features
      • Age 41-60
      • Annual Expenses 50,395
      • Annual Income 273228
      • Area Town MARBLETOWN
      • COMMERCIAL FEATURES DOCK-EXTERIOR,DOCK-INTERIOR,HANDICAP ACCESS,DOORS OVER 10FT
      • Foreclosure No
      • General Taxes 1396
      • School Tax 14966
      • Sewer SEPTIC IN-GROUND
      • Short Sale No
      • TERMS TO QUAL. BUYER
      • Type Industrial
      • Year Built 1960
    • Building Features
      • BASEMENT NONE
      • Ceiling Height 10-16ft
      • Construction MASONRY
      • ELECTRICITY THREE PHASE,200 AMPS
      • EXTERIOR DOORS 10-15 FT
      • FLOORS CONCRETE
      • GARAGE PARKING EXTRAS LOT,OTHER/SEE REMARKS,Parking Spaces 20+
      • HEAT SOURCE SPACE HEATERS,SUB-BLOWERS
      • HEATING FUEL ELECTRIC,PROPANE
      • HOT WATER ELECTRIC,GAS
      • INTERIOR WAREHOUSE SQFT
      • Total Building Sqft 40000
    • Property Features
      • Lot Dimensions 7.74
      • LOT FEATURES PARKING LOT,PRIVATE
      • LOT SITE HAMLET/VILLAGE
      • Number of Acres 7.74
      • ROAD FRONTAGE COUNTRY ROAD,STATE ROAD
      • WATER1 MUNICIPAL
    • Schools
      • School District RONDOUT VALLEY
      • School District1 RONDOUT VALLEY

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    Neighborhood

    (High Falls) Demographics

    No community information is available for this zip code.

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $2,300,000
    10/31/2022 7:32:39 AM Price Reduced Source: Multiple Listing Service New Value: $2,300,000 -3.16%
    9/1/2022 8:32:42 AM Price Reduced Source: Multiple Listing Service New Value: $2,375,000 -1.04%
    8/2/2022 6:02:53 PM Price Reduced Source: Multiple Listing Service New Value: $2,400,000 -2.04%
    3/7/2022 10:18:00 AM New in Database Source: Multiple Listing Service New Value: $2,450,000

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    MLS LogoThe data relating to real estate on this website comes in part from the IDX program of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Nutshell Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2023 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.