744 Warren Street, Hudson, NY, 12534 | $675,000

Welcome to The Bellwether Building, a circa 1908 mixed-use residential and commercial building on prime Warren Street in Hudson's historic district. A beloved neighborhood gathering spot for more than a century, it has operated as a tavern or restaurant for nearly its entire history, first as Lawrence Tavern, later Kappy's, and most recently Wunderbar. Structurally sound and now at a complete reset, the building stands ready for its next chapter: historic facade intact, original staircase preserved, and every square foot open to whatever its next owner envisions. A generous back lot further expands the opportunity, with zoning that accommodates a commercial kitchen addition, carriage house, garage, additional residential units, outdoor dining, and more. Following a fire in 2025 and subsequent gut renovation, the ground floor is an open canvas. Two separate entrances face Warren Street. The left entry is flanked by two large street-level windows, a storefront configuration that frames the space from the street, draws natural light deep into the interior, and creates the kind of ground-floor presence that has served hospitality on this block for over a century. Behind it, a wide space runs uninterrupted from front to back, a footprint that can be divided, opened, or built out in any configuration: restaurant or café, showroom or gallery, yoga or fitness studio, creative studio, retail or residential. The right entry leads to the original staircase and banister, rising through the building to the upper floors, original 1908 craftsmanship intact and ready for the next century. The second and third floors open into generous, uninterrupted spaces with large bay windows overlooking Warren Street. From these rooms, the Catskill Mountains fill the western horizon and the light at dusk carries the quality of a sun setting behind the peaks. Salvaged original radiators remain in the building. The upper floors are equally suited as two separate income-generating apartments, a single owner's residence above a ground-floor business, a live-work configuration, or an expansive creative or studio space. The footprint and position make this one of the most compelling development opportunities currently available on Warren Street. The gut renovation creates the opportunity to build all infrastructure from scratch, with full control over every finish, layout, and system. There is currently no electrical, plumbing, or HVAC. The rubber roof is eight years old. Since the fire, the rear of the building has been fully rebuilt: new framing, new windows and a new door, and a new and reinforced foundation. The back lot provides off-street parking and substantial open space, with zoning that allows for a new commercial kitchen, carriage house, additional residential units, a garage, outdoor dining, a garden, or further development. It has city water, electricity and gas. The Bellwether Building has held one of Warren Street's most prominent commercial positions for more than a century, and the block around it is only gaining momentum. Rivertown Lodge, Hudson Diner, and Flowerkraut are immediate neighbors; just steps away, The Crescent Arts Center, an 18, 000-square-foot adaptive reuse of the 1916 Crescent Garage, is slated to open in 2027 as a hub for arts, film production, live-work studios, and rooftop events, bringing a major new cultural anchor to this already active stretch of Warren Street. Amtrak service to Penn Station runs from Hudson Station, about ten minutes on foot. The circumstances of this reset are as favorable as they could be: a historic facade fully intact, the rear fully rebuilt, stabilized, and ready for development, and a location whose stature is only growing. For a buyer with a clear vision, the opportunity here is substantial.

Features

  • Property Type: Mixed Use
  • Construction: Frame, Stone
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Connected
  • Parking: 4-car, Off Street, On Street
  • Heating: None
  • Cooling: None
  • Year Built: 1908
  • Acreage: 0.07
  • Est. Taxes: $12,918
  • Lot Desc: City Lot, Historic District
  • View: City, Mountain(s), Neighborhood
  • School District: Contact Agent
  • MLS#: 1017566
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /prop/1017566/744warrenstreet_hudson_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of HOULIHAN LAWRENCE, INC   Phone: 518-822-0300

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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744 Warren Street, Hudson, NY, 12534

$675,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.512% 5.866%
Monthly Tax Payment $1,077 $1,077 $1,077
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,194 $3,369 $4,448
Total Monthly Payment $4,362 $4,537 $5,616

* 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.