![]() |
Introducing Columbia Warehouse, a prime multidimensional development opportunity in the heart of Hudson, NY! Located just a block from bustling Warren Street, this property is perfectly positioned to take advantage of Hudson’s dynamic economy and growing popularity among entrepreneurs, makers, and businesses. This 4, 188 square feet versatile commercial opportunity spans three interconnected structures, an old-world brick building fronting Columbia Street and two spacious warehouse buildings extending to Prison Alley. The adjoining warehouse spaces feature wood frame truss construction, creating wide open expanses with no interruptions. Bring your vision with endless opportunities for a range of uses including office, coworking, workshop, manufacturing, warehouse, storage, logistics, distribution, retail, and mixed-use development. Hudson’s ongoing renaissance has brought a surge of new hotels, event venues, restaurants, retail shops, and creative ventures, drawing in both city dwellers and locals alike. The brick structure offers potential for a stunning restored facade, taking inspiration from its neighboring Cannonball Factory, a meticulously restored 1871 landmark that now stands as a beacon of Hudson’s architectural revival. Once an industrial powerhouse, the Cannonball Factory is now a dynamic, multi-use space and the home of Barnfox coworking space and Hudson Market Collective. It serves as a neighborhood hub and events space and sets a compelling precedent for Columbia Warehouse. As Hudson continues its remarkable transformation marked by new developments, high-end boutiques, art galleries, and destination restaurants, Columbia Warehouse is poised to play a key role in the town’s next chapter. Located in an Opportunity Zone, the property also offers valuable tax incentives, including significant capital gains tax breaks, making it an exceptional investment opportunity. The building is being sold as-is, with a need for a new roof and some structural repair, but its potential for renovation and redevelopment is vast. With soaring ceilings, industrial bones, flexible layout, and dedicated parking, this property offers a rare opportunity to create something truly remarkable. Don’t miss your chance to seize this opportunity and become part of Hudson’s exciting future.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$445,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $443 | $443 | $443 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,192 | $2,339 | $2,956 |
Total Monthly Payment | $2,710 | $2,857 | $3,474 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.