Columbia Street Warehouse 515 Columbia St 12,500 SF Vacant Industrial Building Hudson, NY 12534 $775,000 ($62/SF)

INVESTMENT HIGHLIGHTS

  • Central Commercial District Zoning allows for many commercial or residential uses.
  • Next to Hudson's Largest Municipal Parking Lot
  • Centrally Located Directly Behind Hudson City Hall

EXECUTIVE SUMMARY

The most important commercial property available for sale in Hudson. Hotel, Condos, Market, Mixed-Use, Your Dream. For Sale or Lease.
12,240 sq. ft. with 50 ft frontage on Columbia St. and 50 ft on Prison Alley. Centrally located directly behind Hudson City Hall (with a pass-through to/from Warren St right behind the building). Tons of customer parking in the adjacent municipal parking lot, Hudson's largest.
513-515 Columbia (100600 110.45-1-67) is a 3-story warehouse, with tons of space (12,240 sq ft). It boasts high first floor ceiling 11 ft, huge mostly open span on three levels. Drive-in garage on the alley. The top floor is an architectural gem, a unique example of truss construction.
This property is the linchpin for Columbia Street redevelopment. Current city administration supports higher density development in this area. Commercial/residential development might make the most sense, considering Hudson's housing and retail storefront shortage. But let your dreams become a reality here. Fully sprinkled,
This building has been open on the interior to 517-519 Columbia Street, which is a separate building and separate parcel.. Seller is currently having all the shared infrastructure (electric, water, sewer, gas) separated. Once completed, this building will have all its own utilities and will be completely independent of the property next door. This presents an opportunity to have a say in how this work best suits your needs.
All work is being done to will comply with ADA requirements. All areas of the retail space and public restrooms will be fully accessible.
*Note - Seller would also consider creative development partnerships or long-term lease options with the right developer or tenant. There is no other property that comes close to the upside possibilities in Hudson.

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PROPERTY FACTS

Price $775,000
Price Per SF $62
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Lot Size 0.14 AC
Rentable Building Area 12,500 SF
No. Stories 3
Year Built 1920
Parking Ratio 0.56/1,000 SF
Opportunity Zone Yes
Zoning CC- Central Commercial - Mixed Use, Commercial, Residential, Multi-Family, Hotel, Retail.

AMENITIES

  • 24 Hour Access
  • Wheelchair Accessible
  • Storage Space
  • Fiber Optic Internet

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score®
Very Walkable (88)

PROPERTY TAXES

  • Listing ID: 30998036

  • Date on Market: 2/20/2024

  • Last Updated:

  • Address: 515 Columbia St, Hudson, NY 12534