28369 New York 206 - Restaurant FOR SALE


Downsville, NY 13755
$329,000 USD
607-637-5588
28369 New York 206, Downsville, NY for Sale
$329,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

28369 New York 206
Downsville, NY 13755


HIGHLIGHTS

  • Great business opportunity for many different ventures.
  • The upper level also contains a 700+ square foot storage area.

OVERVIEW

This Grand Building is located in a prime, highly visible location, at the the junction of two well traveled state highways. Located in an up and coming area of the Catskills, this solidly constructed building has been a part of the towns commercial center for many decades. Over the years many different businesses have had their home here and it is currently being operated as an antiques store. A restaurant, brewery, or any other retail venue are among the endless possibilities (there is NO ZONING here). The structure which measures just under 5000 square feet has an open lower floor now being used as a large retail area and would make a great restaurant space. The ceiling, which has been lowered, could easily be returned to its full 12 foot grandeur. Complementing the lower floor is a full kitchen and two baths. The upper floor , accessed by two stairways, is now also being used as retail space but could converted back to two separate income generating apartments. The upper level also contains a 700+ square foot storage area. A 2000 square foot basement, with both interior and exterior access, completes the building. The septic and electrical systems have been upgraded and is serviced by municipal water. Located just over two hours from New York City the property is located in one of the lowest taxed towns in New York State.

FOR SALE DETAILS

PRICE

$329,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,128 SF

ZONING

Not zoned

APN/PARCEL ID

122400-358-002-0003-001-000

ASK ABOUT THIS PROPERTY

Christopher GrossUpper Delaware Real EstateMore Info
607-637-5588

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

Christopher GrossUpper Delaware Real EstateMore Info
607-637-5588

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