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An exceptional opportunity awaits at the gateway to Beacon's Main St. ! This historic 6, 310 SF building, housing a thriving glass-blowing and retail business, is now available for purchase. Boasting a prime location that welcomes both locals and tourists, this property offers unparalleled visibility and charm. With multiple rooms serving as sales floors, gallery space, studio sessions, and private event areas, the potential for retail or cultural center development is unmatched. Zoned CB, the property provides a versatile canvas for creating a dynamic commercial space that captures the essence of Beacon's vibrant community. Don't miss the chance to own an iconic piece of Beacon's Main St. and shape its future! Positioned at the entrance to Beacon’s Main Street, the property offers exceptional visibility, attracting both locals and a steady flow of tourists. Zoned CB (Central Business), provides a flexible canvas ideal for a gallery, retail concept, cultural hub, or working studio. The three-story brick building features multiple rooms across the first two floors, which currently function as gallery space, retail areas, workshop space, and private event areas. The third floor is undeveloped and used for storage, but could be converted into a 1, 456 SF, apartment, possibly featuring two-bedrooms, two-baths apartment, presenting an exciting opportunity for a live/work environment or rental income. The property includes five dedicated parking spaces and direct access to the city’s adjacent lot, including two ADA-accessible spots and two EV charging stations, plus 135 more free public parking spaces located within three-quarters of a mile. This is a truly unique opportunity to invest in a cornerstone of Beacon’s creative landscape in one of the Hudson Valley’s most dynamic and sought-after towns.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,000,000 | $3,000,000 | $3,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,790 | $1,790 | $1,790 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,876 | $17,507 | $24,513 |
| Total Monthly Payment | $17,791 | $19,422 | $26,428 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.