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- LoopNet Team
5059 US Highway 209
Accord, NY 12404
Accord Wine Shop · Retail Property For Sale
Investment Highlights
- Accord Wine Shop operating since 1985.
- High Traffic US Highway 209 Retail.
- HIGHEST & BEST OFFERS BY Wed, October 30, 2019, at 5 PM
- Convenient location between Stone Ridge & Kerhonkson.
- Apartment with separate entrance.
PROPERTY FACTS
About 5059 US Highway 209 , Accord, NY 12404
NOTE: AS OF 10/28/2019: Multiple Offer Situation. Call for Highest & Best Offers by Wednesday, October 30, 2019, at 5 PM. All offers must be in writing. The Accord Wine Shop is Located on Busy Route 209 Between Kerhonkson and Stone Ridge, just outside the hamlet of Accord. This well trafficked road assures high visibility. Loyal customers are oftentimes stopping by the store on the way to and from Kingston and areas along 209. What's more, the long established business at Accord Wines & Spirits has developed a friendly clientele who is eager to continue to support the local retail community. Richard and Vera Schneider bought the building in 1985 and opened the Accord Wine & Spirits. The location had been a liquor store since the 1940s. Previous to that it served as a general store with a barber shop on site and a billiards parlor in the basement. The Accord Wine & Spirits shop was one of the first wine shops in the region to carry local wines. This business is in the heart of the Accord-Kerhonkson area that has received much positive attention in the media lately. The area is attracting many new people looking to build new homes or buy existing properties. There is much potential at this location to grow a wine and spirits business that synergizes with the local, regional and state producers of liquid libations. BONUS INCOME: There is an apartment on the second level with exterior stair access which is currently rented at $650 / month. Landlord pays electric; tenant pays propane for heat. Current tenant is on month to month lease. Sale of alcohol requires a liquor license. Consult the New York State Liquor Authority regarding how to obtain a license. Speaking with an attorney is recommended to expedite and understand the process. NOTE: Inventory does not convey with the sale. Inventory must be purchased separately as per the guidelines enforced by the New York State Liquor Authority. NOTE: Owner does purchase flood insurance. Access to apartment on subsequent showings with serious interest.
PROPERTY TAXES
Parcel Number | 4400-077.001-0001-030.000-0000 | Improvements Assessment | $40,000 |
Land Assessment | $45,000 | Total Assessment | $85,000 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 16684773
Date on Market: 7/22/2019
Last Updated:
Address: 5059 US Highway 209, Accord, NY 12404
The Retail Property at 5059 US Highway 209, Accord, NY 12404 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.