Retail Space For Sale @ 785 Main St

785 Main St, Margaretville, NY 12455

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Matt K.

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Yelp

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 rentaL 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 1940s, 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

Listing company: CBC Corporate

Pricing: $650,000

Availability: Now

Listing ID: 2080040


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Sale Price: $650,000

Type: Retail Space

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