97 Abeel St - Storefront Retail/Residential FOR SALE


Kingston, NY 12401- Kingston Waterfront
$699,000 USD
845-430-8452
97 Abeel St, Kingston, NY for Sale
$699,000 USD
Storefront Retail/Residential - FOR SALE
1/47
null | Request Cap Rate

97 Abeel St
Kingston, NY 12401
Kingston Waterfront


HIGHLIGHTS

  • Iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area.
  • A turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space
  • The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout
  • Ideal for investors or those looking to owner-occupy a downtown property
  • Fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment.

OVERVIEW

97 Abeel Street, an iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area. This exceptional property offers an unparalleled investment opportunity, featuring three robust income streams: a turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space, the two apartments are upstairs. The beautiful brick building has been a cornerstone of the community for years, providing a vibrant and inviting atmosphere right next to art galleries, vintage shops, and other well-known establishments. The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout with the newly reopened Wurtz Street bridge nearby. Ideal for investors or those looking to owner-occupy a downtown property, 97 Abeel Street presents a unique chance to capitalize on the bustling foot traffic and vibrant energy of the Rondout location. The restaurant's well-designed floorplan ensures a smooth flow for both indoor and outdoor dining, with easy access for servers through a connecting back breezeway. With its fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment. Don't miss out on this amazing opportunity to own a piece of Kingston's historic downtown - a perfect blend of charm, convenience, and potential. Accessible driveway for apartment off W Union St as property extends. Also presents as a future work live scenario or to eventually become a Restaurateur. There is an additional contiguous lot that can be purchased with sale - this just adds to the appeal and possibilities.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-1

APN/PARCEL ID

0800-056.043-0002-031.000-0000

ASK ABOUT THIS PROPERTY

Eric AmaralColdwell Banker Village Green Realty - WDMore Info
845-430-8452

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Eric AmaralColdwell Banker Village Green Realty - WDMore Info
845-430-8452

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