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801 Columbia Street, Hudson, NY 12534

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For Sale

$495,000

4 beds • 1 baths • 1 half baths • 4,553 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $108.72
    Price per square foot

  • Basement
    Rooms

Explore this Property

Very Prominent Corner Property - Mixed-Use Building - Commercial/Residential - High Traffic Location - Corner of Columbia Street (State Route 23B) and Eighth StreetThis property holds great potential for a new owner/developer. Storefronts have 32' of frontage on Columbia Street and 42' on 8th Street.The large open storefront was once two storefronts. The separate entrances are still intact. Rent the storefront as one unit or bring them back to two units. Each Storefront has an office behind the showroom. The attached garage, which faces Columbia St and the workshop behind it, could be another rentable commercial unit . There are two residential units on the second floor (one currently only used as storage). There are also two 3rd-Floor attics that could be used for additional storage, or finished as a media room or home office. Current commercial and retail space total is 4553 square feet (422.99 m). If you finish the attics it brings the total square footage to a whopping 6830 square feet (634.53 m) of useable space.There were at one time, two distinct residential apartments on the second floor. One is mostly intact with living room, den, two bedrooms, large kitchen, bathroom with screened side porch off the kitchen. A second apartment was converted to extra storage, with an inventive hand powered parcel lift to the unit. There are a great deal of original details throughout both residential units (see photos). Currently, there is only pull-down stair access to the second residential unit (now storage)This property is in the Hudson Opportunity Zone, which could be of great benefit to a user/developer who uses capital gains for the purchase and renovation of this property (speak to your financial advisor to understand the full financial benefits that could be realized under the Opportunity Zone).The property sits in the R-5 district, which is a residential district allowing one or two family residences. But commercial use of this property goes back more than 100 years and is grandfathered. Depending on what you wish to do here, the listing agent will help provide assistance in applying for and getting a variance (if one is needed). Due to its long commercial history and location since it is the first property inside the residential district, just one property outside the main commercial district. This should help any zoning consideration. Speak with agent Victor Mendolia for more information about the zoning.The neon Niver Inc sign will not convey.q
MLS# 155035

Courtesy Of The Kinderhook Group, Inc.

7514444

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Space Heater
  • Lot Size
    0.04 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 801 Columbia Street, Hudson, NY 12534

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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