Property summary
This exceptional property in the charming village of Tivoli, NY, presents a unique investment opportunity encompassing both commercial and residential components. The package includes two contiguous parcels totaling approximately 2.06 acres (1.39 acres commercial, 0.67 acres residential). The commercial building, boasting approximately 3,500 square feet, is currently utilized as an automotive repair facility, featuring five bays with overhead doors and a robust concrete foundation ideal for vehicle storage and movement. Its "RB" (Residential Business) zoning allows for adaptable use, making it suitable for a variety of businesses. The building's solid construction and ample space offer significant potential for redevelopment or continued operation as a repair shop. The accompanying residential property, a renovated 4-bedroom, 3-bathroom home, sits on a separate 0.67-acre parcel. Recent upgrades include new windows, vinyl siding, boiler, hot water tank, and a new water service line. A convenient 1-bedroom accessory apartment with a private entrance and deck adds versatility and potential rental income. The property also includes parking for four or more cars in a detached structure. The seller may consider selling the existing automotive repair business separately. This combined offering presents a rare chance to acquire a substantial commercial property with a comfortable residential component in a highly desirable Hudson Valley location. The property's location in Tivoli offers access to the area's rich history, culture, natural beauty, and recreational opportunities, including boating and hiking.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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