97 Abeel ST

Kingston,NY 12401

$ 699000

- Bed

0 Bath

3200 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $218

MLS Listing ID 20243206

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

Year Built 1960

Annual Tax Amount $10,383

Tax Year 10383

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 62x126

Property Description

97 Abeel Street, an iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area. This exceptional property offers an unparalleled investment opportunity, featuring three robust income streams: a turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space, the two apartments are upstairs. The beautiful brick building has been a cornerstone of the community for years, providing a vibrant and inviting atmosphere right next to art galleries, vintage shops, and other well-known establishments. The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout with the newly reopened Wurtz Street bridge nearby.
Ideal for investors or those looking to owner-occupy a downtown property, 97 Abeel Street presents a unique chance to capitalize on the bustling foot traffic and vibrant energy of the Rondout location. The restaurant's well-designed floorplan ensures a smooth flow for both indoor and outdoor dining, with easy access for servers through a connecting back breezeway. With its fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment. Don't miss out on this amazing opportunity to own a piece of Kingston's historic downtown - a perfect blend of charm, convenience, and potential. Accessible driveway for apartment off W Union St as property extends. Also presents as a future work live scenario or to eventually become a Restaurateur. There is an additional contiguous lot that can be purchased with sale - inquire within.

Location

State NY

County Ulster

Area Kingston,City

Zoning T5

Rooms

Basement Unfinished,Other

Interior

Heating Gravity,Natural Gas,Radiant

Cooling Ceiling Fan(s),Wall Unit(s),Window Unit(s)

Flooring Ceramic Tile,Combination,Concrete,Hardwood,Linoleum,Slate,Wood

Inclusions Driveway off of W Union St for rear apartment-plenty of parking on Abeel St with off st parking not far away.

Exterior

Exterior Feature Awning(s),Balcony,Lighting,Paved Walkway,Storage

Fence Fenced,Partial Cross

Utilities Available Cable Connected,Natural Gas Connected,Sewer Connected,Water Connected

Waterfront No

Roof Type Rubber

Building

Lot Description City Lot,Few Trees,Garden,Landscaped,Views

Foundation Brick/Mortar,Concrete Perimeter,Stone

Sewer Public Sewer

Water Public

Schools

High Schools Kingston Consolidated

School District Kingston Consolidated

Others

Tax ID 56.43

View More
Favorite Go Tour