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Strategically positioned along the high-visibility Route 9 corridor, this expansive 6, 000 square foot mixed-use property offers a rare combination of rural charm and modern infrastructure just minutes from the cultural hubs of Hudson, Red Hook, and Rhinebeck. Long established as a successful medical office, the building has been meticulously maintained, featuring a recent roof (2018) with a 10 year warranty and a lifetime guarantee, energy-efficient Andersen windows, and a comprehensive B-Dry drainage system to ensure long-term durability. The interior is defined by its remarkable flexibility; the current layout features eight-foot ceilings and removable walls, allowing for a seamless transition from a clinical or office environment into a modern, open-concept creative studio or a high-end residential conversion.
Investors and entrepreneurs will appreciate the property's robust mechanical backbone, which includes four-zone heating, a sophisticated 24-hour fire and smoke alarm system, and two electrical sub-panels to support heavy-duty operations. With its proximity to the Amtrak stations in both Hudson and Rhinecliff, the location serves as a perfect bridge for those seeking access to the New York City market while enjoying the space and serenity of the Hudson Valley. Ample on-site parking and a single-car garage further enhance the site's utility for high-traffic commercial use or multi-unit development. Historically commanding a strong triple-net lease and a fair market rent estimate of 17 per square foot, this property stands ready for its next chapter, offering a blank canvas for a visionary owner to capitalize on one of the most accessible and versatile commercial footprints in Columbia County.
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
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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 | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $1,001 | $1,001 | $1,001 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,877 | $2,994 | $3,985 |
| Total Monthly Payment | $3,970 | $4,087 | $5,078 |
* 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.