58-56-58 Vineyard Ave, Highland, NY

Name: 58 - 56-58 Vineyard Ave, For Sale in Highland - Zoocasa
Brand: Houlihan Lawrence Inc.
SKU: 990990
Price: 1275000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,275,000

000

MLS® 990990

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $12,720

Days Active 4

Approx. Age

MLS® Number 990990

Property Address: 58-56-58 Vineyard Ave, Highland, NY, 12528-1426

Average square foot calculated using Size range provided by listing agent.

Description

Rare Mixed-Use Investment Opportunity in the Heart of Highland New York. Discover a unique income-producing property in the center of Highland's vibrant business district. This historic mixed-use complex consists of two attached buildings offering approximately 6, 900 square feet of space with a blend of commercial and residential income streams. An exceptional opportunity to own a property with historic character, exposed brick, a creekside setting. The distinctive atmosphere combined with future upside in the Hudson Valley presents a investment opportunity rarely found in today's market. The property features two well established street-level commercial storefronts, three residential apartments above, and full basements below. Adding to its charm is a separate carriage house/barn situated along the scenic Twaalfskill Creek. All tenants pay their own electric, heat and hot water. The multiple revenue sources provide investors and owner-operators with strong cash-flow, opportunity to enhance the current revenue streams, and potential to create additional revenue streams, and long-term value. The underutilized basement and separate carriage offering exciting possibilities for retail, studio, event, café, gallery, or other creative and revenue-generating use. The building and property are well maintained. Recent improvements have included updates to major building systems, new gas hot water boilers-2024, new apt refrigerator – 2025, Refreshed apartment kitchen (new ceiling and new floor), and new roof with access hatch-2026. Priced at a 7-Cap, with a little effort it can be an 8-Cap; and more is possible! Conveniently located just minutes from the Mid-Hudson Bridge, Route 9W, SUNY New Paltz, and the Walkway Over the Hudson. This versatile property offers exceptional potential for investors, entrepreneurs, restaurateurs, and developers seeking a landmark location with multiple income opportunities.

MLS® Number990990

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatOil

A/CNone

Extras

Map

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