12-16 Thomas Street, Kingston

$2,350,000

0 Bed
0 Bath
15,964 Sqft
.38 Acre
0 Garage

Four story brick building features well established restaurant on the first and second floor measuring a total of +/- 9,100 square feet and then 6 luxury apartments on the 3rd and 4th floor with laundry. The restaurant offers two spacious wooden bars and two kitchens (one on each floor) and a wood fire pizza oven. Part of, and connected is recently expanded Bella Piazza catering/dining area which includes a covered outdoor patio, a cozy gas fireplace and +/- 12 ft. ceilings. The 6 apartments on the third and fourth floor have all separate utilities and elevator access, rents are all well below market rate and each tenant is month to month tenancy. Building is fully sprinklered from the basement to the top floor with Main and back stairways. Iconic restaurant has been in business for 13+ years and will be leasing back +/- 20 year lease. Exterior offers front outdoor patio with a glass enclosed main dining area. Municipal parking lot is across the street which can accommodate 100+ cars. Great investment opportunity. See associated docs for additional info and income and expense at asking price. Current owner of the building/restaurant will also sell the restaurant business if desired.

Essential Information
MLS® #20213508
Price$2,350,000
Square Footage15,964
Acres0.38
Year Built1950
TypeCommercial/Industrial
Sub-TypeMixed Use
StatusPENDING CONTINUE TO SHOW
Community Information
Address12-16 Thomas Street
AreaKINGSTON,CITY
CityKingston
CountyUlster County
StateNY
Zip Code12401
Amenities
GaragesN
Features

FIRE ALARM, KITCHEN FACILITES, PATIO/DECKS, PUBLIC BATHROOMS, SMOKE DETECTORS, STORAGE AREA, DISPLAY WINDOW, HANDICAP ACCESS, HANDICAP FACILITY, PRIVATE RESTROOMS, SECURITY LIGHT(S), SECURITY SYSTEM, SIGNS OWNED

Parking

LOT-PAVED, OFF STREET, Parking Spaces 20+, OTHER/SEE REMARKS

Heating

FORCED AIR, NATURAL GAS AVAILABLE, DUCTLESS MINI SPLIT SYS

Cooling

CENTRAL, DUCTLESS SPLIT AC UNITS

Exterior
Lot DescriptionLEVEL, LANDSCAPED
ConstructionFRAME/STICK, MASONRY
School Information
DistrictKINGSTONCONSOLD
ElementaryG.WASHINGTON
Additional Information
ZoningCOM
Listing Details
AgentGregory Berardi
Listing Courtesy of Berardi Realty
Property History
Status Changed from ACTIVE to PENDING CONTINUE TO SHOW
LISTING MAP

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