51 Tinker St - Restaurant FOR SALE


Woodstock, NY 12498
$1,800,000 USD
845-679-2010
51 Tinker St, Woodstock, NY for Sale
$1,800,000 USD
Restaurant - FOR SALE
1/24
null | Request Cap Rate

51 Tinker St
Woodstock, NY 12498


HIGHLIGHTS

  • Great visibility and high traffic on Woodstock's main street
  • 2-story Hamlet Commercial building with separate entrance on each floor
  • High ceilings, large windows, plenty of light
  • Currently serving as a popular cafe

OVERVIEW

Great visibility and high-volume foot traffic on Woodstock's main street make this iconic, beautifully maintained building the perfect place for a restaurant or business. For decades, cafes in this location, including the much-loved Joshua's, have drawn locals and visitors alike. High ceilings, large windows, and the fantastic corner location provide plenty of light and atmosphere. Zoned HC (Hamlet Commercial), this 2-story building can serve as a restaurant, retail shop, office, nightclub, or hospitality venue, or a combination of the above due to separate entrances (one upper, one lower). The 3360 square-foot space includes a street-level dining room, fully equipped kitchen with walk-in cooler, and waitstaff station, as well as a large open room upstairs that can be used for additional seating or as a wine bar, craft-beer bar, coffee/internet cafe, or dessert spot. The second floor includes a full-service bar, stockroom/prep area, and office with wine and liquor storage. There are two restrooms, one on each floor. Parking options include surrounding streets and a municipal lot directly behind the building. A private driveway/parking area can be used for backdoor deliveries. The building is currently rented and operating as a cafe, with a lease that ends December 2024. (Rental income is $5000/month.) Woodstock has never been livelier. The area's natural beauty and enduring fame continue to draw tourists from around the world, and the recent influx of creatives and remote workers only adds to the area's economy and vibrancy. If owning a commercial building in the heart of one of America's most famous small towns sounds appealing, please call for more details and to arrange a viewing. Owner financing available. Current lessee hopes to stay for three more years and will be paying $7,000/month starting January 1, 2025, Triple Net, Net Income $84,000/year.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$536 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,145 SF

ZONING

HC

APN/PARCEL ID

5800-027.055-0004-028.000-0000

ASK ABOUT THIS PROPERTY

Gary HeckelmanHalter Associates RealtyMore Info
845-679-2010

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Gary HeckelmanHalter Associates RealtyMore Info
845-679-2010

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