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Listed by: Howard Hanna Rand Realty
$ 765,000
Est. payment | /mo
4 Baths
2,946 SqFt
$ 765,000
Est. payment | /mo
4 Baths
2,946 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,946 sqft
Price per Sqft $259
MLS Listing ID 20255431
Year Built 1960
Annual Tax Amount $7,205
Tax Year 7205
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x129
Property Sub-Type Mixed Use
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
This Beautifully Maintained Brick Building known as the original ARTBAR Gallery in Kingston's Vibrant Arts District is just minutes from the Historic Uptown Stockade Area, Downtown Waterfront, and the Ulster County Performing Arts Center. The main floor with front access from Broadway features a Tavern Room with a gorgeous solid wood wet bar and also has additional seating overlooking the scenic streetscape. It is currently set up as a wine bar and an area you can easily do tapas, paninis and other finger foods. The adjacent gallery with track lighting has a nice open feel and is perfect for event space, gallery space or even retail just to name a few. There is a handicapped-accessible half bath as well. A sizable back room off of the gallery area has a gas stove, commercial hood, refrigerator, and additional half bath. A possible prep area or live and work situation. The upper floors offer two updated 1-bedroom apartments for additional income. An attached one-car garage with storage completes this versatile property with off Street parking. Bring your personal vision to this well-maintained move in ready building.
*Please note that the net income and cap rate reflects projected income for the first-floor space and apartments.
Also, the tenants in the apartments pay for electric and gas to the stove. The owner pays for gas heat and hotwater.
*Please note that the net income and cap rate reflects projected income for the first-floor space and apartments.
Also, the tenants in the apartments pay for electric and gas to the stove. The owner pays for gas heat and hotwater.
Location
State NY
County Ulster
Area Kingston, City
Zoning COM 1
Interior
Heating Baseboard, Hot Water, Natural Gas
Flooring Laminate, Wood
Exterior
Exterior Feature Private Entrance
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Rubber
Building
Foundation Block, Stone
Sewer Public Sewer
Water Public
Others
Tax ID 080005602500010170000000
