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1 Water St New Paltz, NY 12561

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For Sale
$3,640,000

Prime mixed-use property with river frontage and development potential.

Property Features for 1 Water St

General Information

Standard status
Active

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Listing Contact
Jacob M. Cohen
Source: Exprealty

Listing Agency: EXP REALTY Listing Agent: Jacob M. Cohen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Iconic Mixed-Use Property in New Paltz

Located at 1-3 Water Street, this mixed-use property offers a 4,260 sq ft building on a 0.22-acre lot with direct river frontage on the Wallkill River. The property benefits from high visibility, substantial foot traffic, and direct access to the Rail Trail and River-to-Ridge Trail. Situated steps from Water Street Market, it is surrounded by shops and restaurants in downtown New Paltz. A new boutique hotel is under construction next door, which is expected to increase traffic and exposure. The property includes a remodeled ground-floor commercial space suitable for attracting local and tourist business. Upstairs are two residential apartments: a four-bedroom unit and a two-bedroom unit, both sharing a large deck with views of the Wallkill River and the Shawangunk Ridge. The offering includes a separate 0.41-acre buildable lot across the street, currently used for parking and a sculpture garden, presenting potential for future development.
Location Intelligence

Current Use by Public Records

Windfall Farms Community ... Farm Shop

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Paltz
County
Ulster
State
New York
Longitude
-74.0901153
Latitude
41.7464653

FAQs

What type of property is this?
Mixed-use property - Prime mixed-use property with river frontage and development potential.
Where is this mixed-use property located?
The property is located at 1 Water St New Paltz, NY.
What is the asking price?
The asking price for this property is $3,640,000.
What are key features of this property?
This property features: - Prime location with direct river frontage on the Wallkill River, high visibility, and access to Rail Trail and River-to-Ridge Trail.; - Includes a separate, buildable .41-acre lot across the street, offering significant development potential.; - Fully remodeled ground-floor commercial space ideal for attracting local and tourist business.
More about this property
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