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Listed by: Halter Associates Realty
$ 1,800,000
Est. payment | /mo
3,360 SqFt
$ 1,800,000
Est. payment | /mo
3,360 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $535
MLS Listing ID 20242866
Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Year Built 1970
Annual Tax Amount $9,808
Tax Year 9808
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 0.05
Property Description
Great visibility and high-volume foot traffic on Woodstock's main street make this iconic, beautifully maintained building the perfect place for a restaurant or business. For decades, cafes in this location, including the much-loved Joshua's, have drawn locals and visitors alike. High ceilings, large windows, and the fantastic corner location provide plenty of light and atmosphere. Zoned HC (Hamlet Commercial), this 2-story building can serve as a restaurant, retail shop, office, nightclub, or hospitality venue, or a combination of the above due to separate entrances (one upper, one lower). The 3360 square-foot space includes a street-level dining room, fully equipped kitchen with walk-in cooler, and waitstaff station, as well as a large open room upstairs that can be used for additional seating or as a wine bar, craft-beer bar, coffee/internet cafe, or dessert spot. The second floor includes a full-service bar, stockroom/prep area, and office with wine and liquor storage. There are two restrooms, one on each floor. Parking options include surrounding streets and a municipal lot directly behind the building. A private driveway/parking area can be used for backdoor deliveries. The building is currently rented and operating as a cafe, with a lease that ends December 2024. (Rental income is $5000/month.) Woodstock has never been livelier. The area's natural beauty and enduring fame continue to draw tourists from around the world, and the recent influx of creatives and remote workers only adds to the area's economy and vibrancy. If owning a commercial building in the heart of one of America's most famous small towns sounds appealing, please call for more details and to arrange a viewing. Owner financing available. Current lessee hopes to stay for three more years and will be paying $7,000/month starting January 1, 2025, Triple Net, Net Income $84,000/year.
Location
State NY
County Ulster
Area Woodstock
Zoning HC
Interior
Heating Baseboard, Propane
Cooling Ductless, Heat Pump
Flooring Hardwood
Schools
High Schools Onteora Central
School District Onteora Central
Others
Tax ID 27.55