56-58 Vineyard Avenue,Highland, NY 12528
Highland, NY 12528
Description
Rare Mixed-Use Investment Opportunity in the Heart of Highland New York.Discover a unique income-producing property in the center of Highland's vibrant business district. This historic mixed-use complex consists of two attached buildings offering approximately 6,900 square feet of space with a blend of commercial and residential income streams. An exceptional opportunity to own a property with historic character, exposed brick, a creekside setting. The distinctive atmosphere combined with future upside in the Hudson Valley presents a investment opportunity rarely found in today's market. The property features two well established street-level commercial storefronts, three residential apartments above, and full basements below. Adding to its charm is a separate carriage house/barn situated along the scenic Twaalfskill Creek. All tenants pay their own electric, heat and hot water. The multiple revenue sources provide investors and owner-operators with strong cash-flow, opportunity to enhance the current revenue streams, and potential to create additional revenue streams, and long-term value. The underutilized basement and separate carriage offering exciting possibilities for retail, studio, event, cafe, gallery, or other creative and revenue-generating use. The building and property are well maintained. Recent improvements have included updates to major building systems, new gas hot water boilers-2024, new apt refrigerator - 2025, Refreshed apartment kitchen (new ceiling and new floor), and new roof with access hatch-2026. Priced at a 7-Cap, with a little effort it can be an 8-Cap; and more is possible! Conveniently located just minutes from the Mid-Hudson Bridge, Route 9W, SUNY New Paltz, and the Walkway Over the Hudson. This versatile property offers exceptional potential for investors, entrepreneurs, restaurateurs, and developers seeking a landmark location with multiple income opportunities.
Details
| MLS # | 990990 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 140 |
| Listing Provided By | Houlihan Lawrence Inc. | William R. Pugh |
Features
| SQ Feet | 6,900 |
|---|---|
| Basement | Y |
| Building(s) | 2 |
| Zoning | CB |
| Acreage | 0.17 |
| Water Front | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Oil |
Exterior
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Lot Features | Back Yard, See Remarks, Waterfront |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 12720 |
Area Information
| State | NY |
|---|---|
| County | Ulster County |
| City | Highland |
| Zip Code | 12528 |
| Listing VS Median (in 12528) | |
Price: $1,195,000 low | high Med: $450,000 sqft: 6,900 low | high Med: 1,582 $ / sqft: $173 low | high Med: $284 On site: 140 low | high Med: 23 | |
Market Activity 12528
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Learn More About This Property
| State | NY |
|---|---|
| County | Ulster County |
| City | Highland |
| Zip Code | 12528 |
| Listing VS Median (in 12528) | |
Price: $1,195,000 low | high Med: $450,000 sqft: 6,900 low | high Med: 1,582 $ / sqft: $173 low | high Med: $284 On site: 140 low | high Med: 23 | |
