114-116 Main St - Storefront Retail/Residential FOR SALE


Groton, NY 13073
$475,000 USD
817-627-5788
114-116 Main St, Groton, NY for Sale
$475,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

114-116 Main St
Groton, NY 13073


HIGHLIGHTS

  • 1,500 sq ft of Bar and Kitchen space
  • 1,500 sq ft of Basement storage
  • 1,150 sq ft of apartment space upstairs, 2 units.
  • 866 sq ft of Third Floor storage

OVERVIEW

This is an opportunity not to be missed! Here is your opportunity to own a piece of history. This building is a three story brick, circa 1870s. The building's first floor has always been a pub, tavern or bar and at its inception was a Gentlemen's Club. It has been transformed into a fully equipped Irish themed bar with kitchen. The bar is a freshly painted beautiful Irish green and gold with a unique custom stamped ceiling displaying iconic shamrocks. The outdoor deck is a perfect spot to enjoy pleasant days. Parking is available in the Village lot right next door to the building or on the street right out front. The local residents are anxiously anticipating the reopening of their beloved pub. They'll be lined up at the door for the Grand Opening! In addition, on the second floor, there are two apartments available with estimated combined income of $2000/month. Both second floor spaces have the potential for multi functional use. The front space has a lovely view of Main Street through the spectacular four panel seven foot bay window. The kitchen has two doors that open into the main chamber with its twelve foot ceilings. The back apartment is cozy with an ample kitchen area and has a walk in closet. Back in the day, the third floor was a ball room with a twelve foot ceiling. With TLC, it could be restored to its original glory and/or become an amazing multi functional space, or a luxury apartment...... This building has endless possibilities.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Farrell's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

GC

APN/PARCEL ID

502801-005-000-0005-005-000-0000

ASK ABOUT THIS PROPERTY

Diane SimmmonsDNCRL, LLCMore Info
817-627-5788

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Diane SimmmonsDNCRL, LLCMore Info
817-627-5788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.