850 Main Street

Margaretville, NY 12455

$525,000
Price
Beds
2,064 Sq. Ft.
$254 / Sq. Ft.
2,064
Sq. Ft.
$254
per Sq. Ft.

Description

Introducing a commercial opportunity in the charming village of Margaretville! This property not only includes a turnkey speakeasy bar business, but also presents potential expansion for indoor/outdoor seating and events in the 672 sq ft garage area and side garden, making it a versatile space for patrons to enjoy. The current owners have already initiated the expansion of the kitchen, setting the stage for a more food focused business.In addition to the wine bar, the adjacent space boasts a recently...Introducing a commercial opportunity in the charming village of Margaretville! This property not only includes a turnkey speakeasy bar business, but also presents potential expansion for indoor/outdoor seating and events in the 672 sq ft garage area and side garden, making it a versatile space for patrons to enjoy. The current owners have already initiated the expansion of the kitchen, setting the stage for a more food focused business.In addition to the wine bar, the adjacent space boasts a recently renovated 700 sq ft white boxed retail area, providing an excellent opportunity for rental income. With the potential to accommodate a variety of businesses, this neighboring space adds further value and flexibility to the property. This unique offering presents a rare chance to invest in a building with multiple revenue streams and room for growth. Don't miss out on this exciting opportunity to become a part of a dynamic and evolving neighborhood scene!

Listing Agent

  1. Kate Quintard

    Kate Quintard

    Listing Agent

    Compass

Amenities

  • Air Conditioning
  • Baseboard Heating
  • Ceiling Fan
  • Concrete Floors
  • Electric Heat
  • Forced Air
  • Hardwood Floors
LISTING UPDATED: 09/03/2024 11:40 PM

Property Details for 850 Main Street

StatusActive
MLS #20242941
Days on Market71
Taxes$2,458 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeCommercial Sale / Business
Year Built1950
Lot Size0.22 AC / 9,583 SF
CountyDelaware County

Building Information for 850 Main Street

Stories1Residences1Year Built1950Lot Size0.22 AC / 9,583 SF

Property Information for 850 Main Street

Summary
Location and General Information
  • Sign On Property YN: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Directions: on main street with zadas painted on the building
  • Location Tax and Legal:Township: Middletown
  • Zoning: GV
  • MLS Area Major: Delaware
  • Street Name: Main
  • Street Suffix: Street
  • State: NY
  • Zip Code: 12455
  • County: Delaware
  • Latitude: 42.149178
  • Longitude: -74.64691
  • Unparsed Address: 850 Main Street, Margaretville, NY 12455
  • Street Number: 850
  • Location Tax and Legal:Zoning: GV
  • General Property Information:Flood Plain YN: No
  • General Property Information:Sign On Property YN: No
  • Road Frontage Type:City Street: Yes
  • Road Surface Type:Asphalt: Yes
Taxes and HOA
  • Location Tax and Legal:General Tax: $982
  • Location Tax and Legal:School Tax: $987
  • Location Tax and Legal:Village Tax: $489
  • Location Tax and Legal:Tax Annual Amount: $2,458
  • Location Tax and Legal:Tax Assessed Value: $110,900
  • Location Tax and Legal:Tax Legal Description: 306.7-7-8
  • Location Tax and Legal:Tax Lot: 8
  • Location Tax and Legal:Tax Block: 7
  • Tax Assessed Value: 110900
  • Association Fee: $.00
  • Parcel Number: 124603306007000700080000
  • Tax Block: 7
  • Tax Legal Description: 306.7-7-8
  • Tax Lot: 8
  • Tax Annual Amount: $2,458
Virtual Tour
  • Total Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Acres: 0.22
  • Structure Type: Mixed Use, Retail
  • Total Floor Plans Count: 0
  • Property Type: Commercial Sale
  • Living Area: 2064.0
  • Property Sub Type: Business
  • Building Features: High Speed Internet, Kitchen Facilities, Public Restroom(s)
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9583.2
  • General Property Information:Lot Size Acres: 0.22
Property and Assessments
  • Year Built: 1950
  • Business Type: Bar/Tavern/Lounge, Restaurant, Retail
  • Business Name: Zada's
  • Video Groups: 0
  • General Property Information:Business Name: Zada's
  • Current Use:Mixed Use: Yes
  • Current Use:Retail: Yes
  • Business Type:Bar/Tavern/Lounge: Yes
  • Business Type:Retail: Yes
Building Information
  • Structure Type:Mixed Use: Yes
  • Structure Type:Retail: Yes
Utilities
  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available
  • Water Source: Public
  • Utilities:Electricity Available: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Available: Yes
  • Water Source:Public: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asphalt, Brick
  • Construction Materials:Asphalt: Yes
  • Construction Materials:Brick: Yes
  • Building Features:High Speed Internet: Yes
  • Building Features:Kitchen Facilities: Yes
Interior Features
  • Basement YN: No
  • Cooling: Ceiling Fan(s)
  • Flooring: Concrete, Wood
  • Heating: Baseboard, Electric, Forced Air
  • Stories Total: 1
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0
  • Bathrooms Total (Notational): 0
  • Cooling: Yes
  • Heating: Yes
  • General Property Information:Basement YN: No
  • General Property Information:Stories Total: 1
  • Cooling:Ceiling Fan(s): Yes
  • Flooring:Concrete: Yes
  • Flooring:Wood: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Forced Air: Yes
Multi Family
Multi-Family Information
  • Number of Units: 1
  • General Property Information:Number Of Units Total: 1.0
Financial Infomation
Income & Expenses
  • Income and Expenses:Financials Available Y/N: Yes
Agent
Sale and Listing
  • DOM: 68
  • MLS Approval Status: Yes
  • Owner Pays: All Utilities
  • Current Use: Mixed Use, Retail
  • Contract Information:Owner Name: Meena
  • Book Information:Section: 0
  • Sale Includes:Building: Yes
  • Sale Includes:Business Negotiable: Yes
  • Sale Includes:Furniture: Yes
Rental
Rental Information
  • Owner Pays:All Utilities: Yes

Property History for 850 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 850 Main Street

Taxable ValueLand$20,800Additions$91,200Total$112,000
Tax Record2020$2,421 ($202 / month)
Home Facts
Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories1Lot Size9,583 SqFtStyleStoresYear Built1950Year Renovated1970ZoningGVCountyDELAWAREAPN124603 306.7-7-8

Schools near 850 Main Street

This home is within Margaretville Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 12
Rating
School
Distance
Margaretville Central School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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850 Main Street is for sale in Margaretville, NY 12455. This property was listed for sale on June 27, 2024 by Compass, it's currently listed at $525,000. It has been on the market for a total of 71 days and was last sold on January 25, 2024. This listing's school district is Margaretville Central School District. Nearby schools include Margaretville Central School. 850 Main Street is a 0-bed, 0-bath, 2,064 sqft built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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