785 Main Street, Margaretville

$650,000

0 Beds
0 Baths
13,653 Sqft
.35 Acres
0 Garages

THE COMMONS BUILDING . . . an outstanding 14,000 +/- sq. ft. commercial investment opportunity located in the destination town of Margaretville, in the Heart of the CATSKILLS . . . features 11 commercial rentable units, 1 restaurant, plus . . . an additional 3rd floor space of unfinished 4000 +/- sq. ft. possibilities. Current gross ANNUAL INCOME is $70K, with approximately $38K of expenses --- current NET INCOME is approximately $32K/year. Of note for the history enthusiast, this distinctive building enjoys a NOTEWORTHY LEGACY . . . starting as 2 separate buildings around 1850. One was an ODDFELLOWS LODGE . . . the other a DRY GOODS and GROCERIES store run by George G. Decker. In 1940's, the two structures were connected to become a GENERAL STORE. Location - Location - Location! Just off The CATSKILL Mountains SCENIC BYWAY, in the noteworthy and charming village of Margaretville, THE COMMONS is just minutes to all the major tourist destinations: Belleayre and Plattekill Ski Centers, the Pepacton Reservoir, the Round Barn FARMERS' MARKET and the Hanah and Shepard Hill golf courses. Get in on the current Catskill renaissance: The CATSKILL MOUNTAINS, just listed as one of the top 11 global'' destinations by AirBnB for 2019!!

Essential Information
MLS® #20191484
Price$650,000
Square Footage13,653
Acres0.35
Year Built1850
TypeCommercial/Industrial
Sub-TypeRetail
StatusACTIVE
Community Information
Address785 Main Street
AreaOOC - DELAWARE
CityMargaretville
CountyDelaware County
StateNY
Zip Code11245
Amenities
ParkingParking spaces 1-5
Features

DISPLAY WINDOW, FIRE ALARM, KITCHEN FACILITES, PUBLIC BATHROOMS, SMOKE DETECTORS, STORAGE AREA

Interior
HeatingBASEBOARD, FORCED AIR
Exterior
ConstructionFRAME/STICK
School Information
DistrictMargaretville Central Schools
Additional Information
Zoningy
Listing Details
AgentMarta Weisz
OfficeColdwell Banker Timberland-MV
LISTING MAP

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