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5-9 Rock City Rd 8,625 SF 100% Leased Retail Building Woodstock, NY 12498 $3,900,000 ($452.17/SF)
Investment Highlights
- off street parking
- 3 long term tenants in retail space
- 8 units with Short Term Rental Permit
Executive Summary
Welcome to 9 Rock City Rd, a rare opportunity to acquire a turnkey; high-income mixed-use building located directly in the heart of Woodstock, NY. The property offers immediate cash flow for the next owner from day one. The building consists of 12 total units, including eight residential units and four retail units with an option to utilize the separate cottage as a residential unit currently used as retail. All retail tenants are in place under leases, providing stable and predictable income, while the residential component is split between five units currently operated as short-term rentals and three units leased to annual tenants. With an opportunity to convert the remaining leased units to STRs presents a compelling value-add opportunity. This property already holds the proper license for Short Term Rental and is zoned to operate as a boutique hotel, giving it a significant competitive advantage in a market where short-term rental supply is limited complete is its own parking for up to 10 cars. Rock City Road is the premier mixed-use investment in one of HudsonValley's most sought-after destinations.
With Woodstock's bustling art and cultural scene, Rock City Rd places you in the center of one of the most beloved communities in the Hudson Valley. The perfect opportunity to launch a business venture, this property truly delivers space, style, location and endless potential.
With Woodstock's bustling art and cultural scene, Rock City Rd places you in the center of one of the most beloved communities in the Hudson Valley. The perfect opportunity to launch a business venture, this property truly delivers space, style, location and endless potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,625 SF
Building Class
C
Year Built
1965
Price
$3,900,000
Price Per SF
$452.17
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.62
Lot Size
0.32 AC
Zoning
HC - Zoned Mixed Use | Retail and Boutique Hotel
Parking
10 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 5800-027.054-0003-010.000-0000 | Improvements Assessment | $888,000 |
| Land Assessment | $134,000 | Total Assessment | $1,022,000 |
Property Taxes
Parcel Number
5800-027.054-0003-010.000-0000
Land Assessment
$134,000
Improvements Assessment
$888,000
Total Assessment
$1,022,000
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5-9 Rock City Rd
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