+/- 13,000 sf for sale Hudson, NY (Columbia County)

601 Union Street Hudson, NY 12534

601 Union Street, Hudson, NY, 12534
For Sale Hudson, NY
601 Union Street, Hudson, NY, 12534
FOR SALE
Property Type:
Other Special Purpose
Amount:
$6,000,000
Last Verified:
Jan 05, 2021

601 Union Street in Hudson is available for sale. Built in 1850 and originally the Terry-Gillette Mansion that eventually was converted to the Hudson Elks Lodge. The +/- 13,000 sf 3 story brick building is situated on approximately 4 acres of land, one block off the popular Warren Street in downtown Hudson. Property ideal for conversion to boutique hotel, air B and B, meeting house, banquet/catering gallery, office and/or single-family home. Structure features grand entry foyer, large ballroom, commercial kitchen, finished basement area, well-appointed gathering rooms and several rooms for overnight stay. Ask $6M

Map of 601 Union Street, Hudson, NY, 12534

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.