115-117 Canal ST Active

Ellenville,NY 12428

$ 299000

- Bed

0 Bath

2209 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,209 sqft

Price per Sqft $135

MLS Listing ID 20240687

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Year Built 1930

Annual Tax Amount $3,350

Tax Year 3350

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions .06 Acres

Property Description

Unique commercial opportunity on Canal Street in Ellenville. Be a part of this up and coming town’s revival, and join in Ulster County’s meteoric rise as a prime destination for new residents, second home owners and investors. Join in Ellenville’s rise alongside recent successes like Morning Sunshine Market and Love Velma. The Borscht Belt Museum across the street is already planning to call back to the glory days of this scenic area between the Catskills and the Gunks. 115-117 Canal St offers two commercial spaces under one roof. First, a gutted and updated bar space. This approximately 715 square foot space is a blank slate, with new hot water heater, heat pump, grease trap and bar. The window boxes have been framed out for seating, and the rest remains ready for your design vision to come to life. Perfect for a cocktail or wine bar, coffee shop or retail, this space is ready for renovation. Next door, the second space is a 1486 square foot restaurant and catering kitchen, currently occupied by Sammy Brown’s Walk Away Cafe. The space is divided into a storefront and massive prep and storage space. The current lease runs to December 2025, so there is an opportunity to keep a steady tenant, or reimagine this space into a full service restaurant, catering hall, or other commercial space. Ellenville’s Canal Street is just minutes away from some of Ulster County’s hottest new neighborhoods and attractions, and the restaurant scene is booming. The Rondout Valley features acclaimed spots like Inness (20 Minutes,) Harana Market, Mill and Main, and Rough Cut Brewing. Major economic developments are planned for the area, including the Cresco Labs Cannabis facility, boasting 375 new local jobs, and the renewal of the Nevele Grand Resort. Owner Financing Available, Restaurant equipment in Sammy Brown’s does not convey.

Location

State NY

County Ulster

Area Ellenville-Vlg

Zoning B-1 Business

Interior

Heating Electric,Heat Pump,Hot Water,Space Heater,Other,See Remarks

Cooling Heat Pump

Flooring Other

Building

Sewer Public Sewer

Others

Acceptable Financing Private Financing Available

Listing Terms Private Financing Available

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