850 Main St, Margaretville, NY 12455

2,064 SF | Retail Building | Margaretville, NY 12455 | $525,000 ($254/SF) | 9% Cap Rate

Asking Price $525,000

Property Type
Retail, Restaurant
Square Feet
2,064 SF
Price / Square Foot
$254

Listing Contacts

  • Property Info

Property Overview

Introducing a commercial opportunity in the charming village of Margaretville! This property not only includes a turnkey speakeasy bar business, but also presents potential expansion for indoor/outdoor seating and events in the garage area and side garden, making it a versatile space for patrons to enjoy. The current owners have already initiated the expansion of the kitchen, setting the stage for a more food focused business.In addition to the wine bar, the adjacent space boasts a recently renovated white boxed retail area, providing an excellent opportunity for rental income. With the potential to accommodate a variety of businesses, this neighboring space adds further value and flexibility to the property. This unique offering presents a rare chance to invest in a building with multiple revenue streams and room for growth. Don't miss out on this exciting opportunity to become a part of a dynamic and evolving neighborhood scene!

Property Details

Year Built
1950
Stories
1
Lot Size (sq. ft)
9,583 SF

Highlights

  • main street frontage, outdoor space
  • new kitchen
  • retail space available to rent plus other expansion opportunity

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