• MLS® #: 20191484
  • 785 Main Street
  • Margaretville, NY 11245
  • $650,000
  • 13653 SQ. Feet, 0.35 Acres
  • Commercial
  • Agent: Marta Weisz
  • Office: Coldwell Banker Timberland-MV

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
  • 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
  • Has BasementYes
  • BasementPARTIAL

Exterior

  • ConstructionFRAME/STICK

School Information

  • DistrictMargaretville Central Schools

Additional Information

  • Date ListedApril 25th, 2019
  • Days on Market447
  • Zoningy
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