186 Mohonk Road, High Falls
Realize the full potential of this 40,000 sq ft. building known as Mohonk Arts. Located in Marbletown’s Industrial District, the potential use for the building is wide and varied with many allowed uses. This is an excellent opportunity to move your business into the beautiful Hudson Valley and join the current makers and businesses currently on site and located throughout the region. 7.74 acres with generous parking and untapped possibilities. Current net income is $60,000 (12.2 % cap rate), with only a small portion of the building leased. This property is located in a great neighborhood of thriving businesses in the hamlet of High Falls which enjoys immense popularity by full time residents, dedicated weekenders and travelers drawn to the beauty of the Hudson Valley. The building is in need of some capital improvements such as a new roof (quote available) and other renovations. Owner financing possible with substantial down payment. Research shows that the Catskill Watershed Corporation has low interest loans available to help existing or proposed businesses start, relocate, expand, consolidate or improve operations with the Watershed region.
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