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3 Main St

8,276 SF Retail Building New Paltz, NY 12561 $2,500,000 ($302/SF)

Investment Highlights

  • Strategic Location, Exit 18 off NYS Thruway.
  • Parking 72 spaces, Corner Property. Gateway Zoning.
  • Waterfront, Spectacular Views of the Gunks.
  • Established/Popular Restaurant/Brewery.
  • Ripe for Development, Potential Apartments & Retail.
  • Adjacent to SUNY New Paltz Campus, Main St Anchor.

Executive Summary

EXTRAORDINARY CHANCE to invest in your DREAM. For sale is a spectacular building fully equipped and operational to start or bring your existing Restaurant, Brewery, Winery, Distillery, Event Destination or whatever your imagination can dream up. Located in the Beautiful and Bustling Village of New Paltz, only 90 minutes from NYC and Albany, just minutes off the NYS Thruway. This facility can accommodate 150 guests inside and another 66 outside on a spacious awning covered patio with breathtaking views overlooking the Shawangunk Mountain Range. Private parking is included with a capacity to hold 72 cars. With a lot encompassing just over 2 acres there is unlimited potential for growth and diversity. An extensive renovation was performed in 2019 and details will be provided to interested parties. Do Not miss this opportunity to purchase this one of a kind exceptional property and bring your vision to fruition.
Access is through the listing agent with 24 hour notice preferred. Please keep in mind showings will be during non-business hours. Fell free to be a customer of the establishment but do not speak with employees regarding the sale. PLEASE NOTE, the business, business name and/or proprietary information pertaining to the business is NOT for sale or included with purchase. For sale is the building, furniture, fixtures and equipment. Excluded from the sale is 1-Crowler machine, Artwork, glassware, alcohol, food, dishware, beverage refrigerator by the restrooms, ice machine, POS system, trash pump and kegs. The ATM, printer in the office and dishwasher are leased.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,276 SF
Building Class
B
Year Built/Renovated
1998/2019
Price
$2,500,000
Price Per SF
$302
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
2.03 AC
Zoning
GT - Gateway
Parking
72 Spaces (8.7 Spaces per 1,000 SF Leased)
Frontage
120 FT on Main Street

Amenities

  • Corner Lot
  • Restaurant
  • Accent Lighting
  • Air Conditioning
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The Bistro
Starbucks
Chase Bank
Wow Cafe
IGA

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3801-086.033-0002-007.100-0000
Land Assessment
$400,000
Improvements Assessment
$674,000
Total Assessment
$1,074,000
  • Listing ID: 26225600

  • Date on Market: 7/21/2022

  • Last Updated:

  • Address: 3 Main St, New Paltz, NY 12561

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