312 Wall Street, Kingston
UNIQUE OFFERING. Beautiful brick 5,000+ sq ft mixed use building in the heart of Historic Uptown Kingston. This versatile building can be used in a number of different ways and is currently fully occupied with 2 residential loft-like 1 bedrooms with high ceilings upstairs and a first floor commercial unit currently rented by a well regarded, established and long standing mortgage brokerage. The building is well maintained with newer roof, heating and cooling all within the last 5 years. The charm and character of the building and location remain and the Stockade District is not easy to buy into with most sales occurring privately off market. Artists would love it here with 4 large light filled private yet connected spaces in each unit upstairs separated by floor to ceiling pocket doors that span the full floor of the building front to back. Each of these spacious 1 bedroom units could potentially be converted into 2 bedroom units. 5.6% cap rate at asking. Tenants pay their own utilities and the owner pays taxes, insurance, management and water. Creative types will have full immediate access to everything Wall Street and the rest of Kingston has to offer. Here is a chance to start anew. Live, work, and play in upstate NY.
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