42287 State Hway 28, Margaretville

$699,900

0 Beds
0 Baths
4,800 Sqft
.32 Acres
0 Garages

Check out this amazing restaurant and retail opportunity right on Rte 28 in Arkville, just east of Margaretville. This building was redesigned and rebuilt lovingly by the current owners and they named the business the "Crazy River Cafe and Delicatessen". This is absolutely one of the most modern, clean and best maintained restaurants that I have ever had the pleasure of dining in. There is a wonderful water view and waterside dining on the outside deck, as well as picnic tables along the river during the summer months. This attracts a steady clientele of both locals, second home owners and tourists. Everyone loves the open floor plan of the main dining area that is flooded with natural light. Over .8 acre lot reaches to the center of the East branch of the Delaware river below. The custom, modern, architecturally designed building sits high above the bucolic "Crazy River" and needs no flood insurance. This location is amazing for any commercial venture with thousands of cars going by the front door daily. The Margaretville Hospital is almost across the street and the Meadow Golf Course is just a few doors down. The Trailways Bus Line goes right past the front door and provides convenient travel to Andes, Delhi, Oneonta, Fleischmanns, Phoenicia, Woodstock, and Kingston to NYC. The restaurant currently seats 54, with enough room for many more. The deck can seat 14 or more with an additional 18 at the picnic table during good weather. The restaurant has been only operating for breakfast and lunch since inception. By adding dinners and possibly either beer and wine or a full liquor license, there is limitless income and growth potential. The lower level could draw rent of around $1,600-$2,000 per month. Don’t miss this incredible commercial opportunity.

Essential Information
MLS® #20200751
Price$699,900
Square Footage4,800
Acres0.32
Year Built1995
TypeCommercial/Industrial
Sub-TypeMixed Use
StatusACTIVE
Community Information
Address42287 State Hway 28
AreaOOC - DELAWARE
SubdivisionMARGARETVILLE
CityMargaretville
CountyDelaware County
StateNY
Zip Code12455
Amenities
ParkingLOT-PAVED, OFF STREET
GaragesN
Features

PUBLIC BATHROOMS, DISPLAY WINDOW, HANDICAP ACCESS, PATIO/DECKS, PRIVATE RESTROOMS, SECURITY LIGHT(S), SECURITY SYSTEM, SIGNS OWNED, SMOKE DETECTORS, STORAGE AREA, DOORS UNDER 10FT

Interior
HeatingBASEBOARD, HOT WATER
CoolingWALL UNIT
Exterior
Lot DescriptionSLOPE-MODERATE
ConstructionFRAME/STICK, ALUMINUM, STEEL
School Information
DistrictMargaretville Central Schools
Additional Information
ZoningHway Comm
Listing Details
AgentWilliam St John
OfficeHalter Associates Realty
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 42287 State Hway 28, Margaretville, NY

Photo of Listing #20201307

42565 Hway Rte 28, Margaretville

$699,900 - 2,240 Sf

MLS® # 20201307

Ulster County Board of Realtors Logo

Ulster County Board of Realtors Logo The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Flemming Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker.

Copyright © 2020 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.