43 N Front St - Restaurant FOR SALE


Kingston, NY 12401
$3,150,000 USD
845-309-7454
43 N Front St, Kingston, NY for Sale
$3,150,000 USD
Restaurant - FOR SALE
1/16
null | 6.02% Cap Rate

43 N Front St
Kingston, NY 12401


HIGHLIGHTS

  • Established Uptown Business District
  • Lots of Bright Natural Light
  • Two Large, Fully Developed F&B Spaces
  • For Owner / Operator, One Opens 2/1
  • Long Term Leases, Excellent Rents
  • Four Renovated Residential Units

OVERVIEW

Attention investors and/or owner-operators! Offered here are TWO interwoven, 3 store front, stately mixed-use buildings dating back to 1885, in the heart of Kingston's prestigious Uptown Stockade District. Both have been meticulously restored with modern fixtures and amenities nearly a century later. Enter 47 North Front, a three-story red brick building, and front of house find a highly successful restaurant, long-term leased with an extensive custom build-out. The second and third floors have modern renovated apartments, with sizable rental income; one unit is vacant for the new owner's use or rent. The second building, enter 43 North Front the rear second-floor indoor/outdoor terrace with spectacular Catskill Mountain views. The second space is an extra-large, 3,000 sq ft restaurant, bar, cafe, or commercial space with full food service systems included: gas range and hood system, walk-in refrigerator, beer tap system and dedicated walk-in, sinks, dishwashers, bar refrigeration, AC units, basement shelving, combined range, oven, flat top, Ansul system/hood, ice machine, low-boy and prep sinks. The second floor offers two bright SoHo-style loft apartments with tremendous floor-to-ceiling arched windows, exposed brick, new bathrooms, a loft, and windows facing the views. North Front St was one of the first revitalized commercial streets in Kingston, anchoring an established mix of successful businesses that offer year-round foot traffic. Airbnb is permitted with a permit for one unit per owner. Set on a generous 62' wide x 110' deep double lot, zoned full mixed-use T5 Main Street.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

6.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

43-47 N Front St. Kingston, NY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

T5 Main St

APN/PARCEL ID

0800-048.314-0002-009.000-0000

ASK ABOUT THIS PROPERTY

Zev EisenbergHudson Modern Co.More Info
845-309-7454

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Zev EisenbergHudson Modern Co.More Info
845-309-7454

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