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2638 State Route 23, Hillsdale, NY, 12529 | $600,000
Bring your vision to Hillsdale and make your mark at this iconic address.
A great investment opportunity in the vibrant core of Hillsdale, NY. Built in 2008 with integrity and high-quality construction, this standout commercial property offers flexibility, visibility, and turnkey functionality.
Set prominently at the high-traffic crossroads of State Routes 22 and 23—right on the edge of the Berkshires—this building enjoys unbeatable visibility and a constant flow of passersby. Surrounded by a dynamic mix of long-established shops and restaurants - and next to the area's largest grocery store - this location has a high energy and community spirit year-round.
Property Highlights:
Solid Construction: Built to last with fire-rated doors, and fully up-to-date commercial building codes.
Accessibility: ADA-compliant street entrance and restrooms ensure inclusive access for all patrons and staff.
Generous Space & Flexibility: A total of approximately 2, 600 square feet across the main and upper floors, plus a legal full basement with both interior and exterior access—ideal for storage, retail, or creative use.
Tenant-Friendly Layout: Three separate entrances create the potential for three distinct rental opportunities—each level can be leased independently for maximum income potential.
Modern Comforts: Central HVAC throughout keeps customers and staff comfortable year-round.
Convenient Parking: On-site employee parking plus ample street parking for the public.
Currently home to a beloved and long-running gift shop tenant on the ground floor, the property offers flexibility for both investors and end-users—the tenant is happy to stay or the space can be delivered vacant for your own vision. Bright, open, and airy, each level offers large adaptable spaces suitable for retail, office, gallery, studio, wellness, or mixed-use configurations. Whether you're seeking a smart income-producing asset or a central home base for your own business, this property delivers the perfect blend of practicality and potential.
Interior photos of ground floor retail space available upon request.
Features
- Property Type: Mixed Use
- Construction: Clapboard, Cement Siding, Frame
- Heating: Oil
- Cooling: Central Air
- Zoning: HM
- Year Built: 2008
- Acreage: 0.1
- Est. Taxes: $12,215
- Lot Desc: City Lot
- School District: Taconic Hills
- Owner Pays: All Utilities
- MLS#: 20251565
- Days on Market: 360 days
- Website: https://www.raveis.com
/prop/20251565/2638stateroute23_hillsdale_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. 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. Source: Hudson Valley Catskills RegionListing courtesy of Compass, Hillsdale
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
2638 State Route 23, Hillsdale, NY, 12529
$600,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $1,018 | $1,018 | $1,018 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,763 | $3,073 | $3,986 |
| Total Monthly Payment | $3,873 | $4,183 | $5,096 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535