|
PROPERTY OVERVIEW: A rare mixed-use investment opportunity along the highly traveled Route 209 corridor in Stone Ridge. The offering includes a circa-1795 stone Colonial (approx. 2, 464 sq ft) and a two-story accessory barn (approx. 1, 800-2, 200 sq ft per seller) on 0. 90± acres. Both structures provide multiple income-stream potential in one of Ulster County's most desirable hamlets. MAIN BUILDING (c. 1795 Stone Colonial) Approx. 2, 464 sq ft (buyer to verify) Historic stone architecture with multiple entrances Flexible interior layout for: Professional offices Wellness or therapy space Creative or studio use Live/work configuration Boutique hospitality (subject to approvals) TWO-STORY BARN (Approx. 1, 800-2, 200 sq ft per seller) Ground level: Retail / antique shop Upper level: Finished music / creative studio Excellent visibility and signage potential Perfect for retail, gallery, studio, craft production, or continued creative use Buyer to verify square footage, CO status and permitted uses LOCATION ADVANTAGES Positioned in Marbletown's Route 209 Business Corridor Strong daily exposure along a state-monitored arterial connecting: Kingston • New Paltz • Accord • High Falls • Stone Ridge Minutes to top-tier dining Close to major outdoor attractions: Ashokan Rail Trail Minnewaska State Park Mohonk Preserve Strong demand from tourism, weekend traffic and local small businesses INVESTMENT HIGHLIGHTS Multiple potential revenue streams Historic stone construction with strong visual presence Flexible zoning allowing mixed-use (verify with Town of Marbletown) Ideal for: , Investor with portfolio interest in mixed-use assets Retail + studio operator Live/work user Boutique hospitality concept Creative campus or multi-unit business compound Ample room for repositioning, creative redevelopment, or stabilization SUMMARY 3953-3955 Route 209 delivers a unique combination of historic character, mixed-use versatility, and corridor visibility. With two functional buildings totaling 4, 200-4, 600 sq ft across the site, the property offers significant upside for investors seeking a footprint in one of the Hudson Valley's strongest destination corridors.
3953-3955 Route 209 offers a rare mixed-use / investment opportunity in the hamlet of Stone Ridge. The circa-1795 stone Colonial (approx. 2, 464 sq ft) plus a 2-story barn of about 1, 800-2, 200 sq ft create multiple income streams: live/work, professional offices, studio, retail or boutique hospitality, subject to Town approvals. The barn is currently configured with a retail/antique space on the main level and a music/creative studio above. High-visibility Route 209 frontage with easy access to Kingston, New Paltz and the Rondout Valley, close to destination dining, inns and outdoor recreation. Buyers to verify square footage, zoning and permitted uses with Town of Marbletown. A Mixed-Use Stone Compound in the Heart of the Hudson Valley! Historic mixed-use compound in the Stone Ridge hamlet consisting of a c. 1795 stone Colonial (approx. 2, 464 sq ft, buyer to verify) plus a 2-story barn estimated at 1, 800-2, 200 sq ft. Barn currently used as retail/antique shop on the lower level and a music/creative studio above, offering immediate or near-term income potential and strong upside with repositioning. Excellent exposure on Route 209 corridor between Kingston and the Rondout Valley's destination farm-to-table restaurants, inns and outdoor attractions. Ideal for investor seeking multiple revenue streams: possible live/work, professional offices, wellness/creative uses, retail, or small-scale hospitality, subject to Town of Marbletown zoning and approvals. Buyers/agents must verify: all square footage, current Certificates of Occupancy, permitted uses, any site plan/parking requirements, and status of utilities, septic/well and fire/safety features. Do not rely on public record alone. Showings by appointment only; please do not walk property or disturb occupants or business without confirmed appointme
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 Region
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$499,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.410% | 5.595% |
| Monthly Tax Payment | $2,027 | $2,027 | $2,027 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,330 | $2,458 | $3,235 |
| Total Monthly Payment | $4,432 | $4,560 | $5,337 |
* 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.