For Sale
$1,200,000

302 Wall StKingston, NY 12401

Historic building, high cap rate, prime retail space.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property, located at 302 Wall Street in Kingston, New York's vibrant Stockade District, presents a compelling investment opportunity. The three-story, 1920-built building offers a unique blend of commercial and residential space, boasting approximately 2,000 square feet of prime retail space on the ground floor. This area features original hardwood flooring, an office space, a dressing room, and access to a 2,000 square foot dry basement for ample storage. The second and third floors each comprise two nicely sized two-bedroom apartments, ideal for owner occupancy or rental income. Large display windows on the street level provide excellent visibility and foot traffic for the retail space. The property is offered at $1,200,000 with a compelling 7.00% capitalization rate. This represents a rare chance to acquire a well-situated, historic building in a thriving area, offering both immediate income potential and long-term appreciation. The building's combination of retail and residential spaces provides a diversified income stream and significant upside potential. Don't miss this chance to own a piece of Kingston's rich history and vibrant commercial landscape. The property is situated in Ulster County, New York, with a zip code of 12401.

Property Details for 302 Wall St

Property type
Retail properties, Office properties
Year Built
1920
Buildings
1
Stories
3

Location Insight

City
Kingston
County
Ulster
State
New York
Latitude
41.9340364
Longitude
-74.0194775
302 Wall St, Kingston, New York

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302 Wall St
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