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$ 3,700,000
Est. payment /mo
Price Dropped by $200K
9 Rock City RD Woodstock, NY 12498
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 961667
Rental Info No
Annual Tax Amount $29,133
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Hotel/Motel
Source onekey2
Property Description
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.
Location
State NY
County Ulster County
Rooms
Basement Full, Storage Space, Walk-Out Access
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Hardwood
Fireplace No
Appliance Gas Range, Refrigerator
Exterior
Parking Features Off Street
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Mountain(s)
Total Parking Spaces 11
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
Listed by Compass Greater NY, LLC • Sheena Lepez
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Jorge Lugo
Real Estate Salesperson | License ID: 10401357092