Beacon Main Street Investment
For Sale
$695,000
305 Main St, Beacon, NY 12508
One-story building with restaurant tenant in Beacon's Main Street.
Property Size988 SF
Days on Market118
Property Features for 305 Main St
General Information
Standard status
Active
Size
988 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,387
Building Details
Building Size
988 SF
Units
1
Listing Agency:
Daniel Aubry Realty
(917) 647-6823
Listed By:
Daniel L. Aubry
Source:
Elliman
Added: Apr 14
Changed: Aug 8
Last Checked: Aug 8 at 11:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Aubry Realty
Investment Insights
Based on property information with market context.
This one-story building is located on Main Street in Beacon and offers high visibility and signage opportunities. The property is currently leased to a restaurant tenant with a three-year lease in place, and two five-year options to renew, for a potential total of 13 years. The restaurant features new decor and a newly renovated bathroom. The basement includes new gas and electric systems and cold storage. There is a rear patio suitable for outdoor dining, and permission to have four outdoor tables in front of the building. The property has development potential for up to two additional stories, allowing for the construction of four apartments, with plans and renderings available.
Key Highlights
- Restaurant tenant in place with a long‑term lease (three years plus two five‑year options, totaling 13 years).
- 6% cap rate, offering an excellent passive investment opportunity.
- Development potential with the ability to add two stories and four apartments (plans and renderings available).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12508, NY
19,537
Population
8,798
Households
2.2
Avg Household Size
43
Median Age
41%
College-Educated
86%
High-School Grad
14.4 sq mi
ZIP Area
1,357
Density / Sq Mi
$88,510
Median Household Income
$59,498
Median Earnings
$1,700
Median Rent
$401,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Liquid Fables — 1 E Main St, Beacon, NY 12508
- The Vinyl Room — 396 Main St, Beacon, NY 12508
- Wonderbar Beacon — 449 Main St, Beacon, NY 12508
- Towne Crier Cafe — 379 Main St, Beacon, NY 12508
- Melzingah Tap House — 554 Main St, Beacon, NY 12508
Frequently Asked Questions
What type of property is this?
Bar & Pub - One-story building with restaurant tenant in Beacon's Main Street.
Where is this bar & pub located?
The property is located at 305 Main St Beacon, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Restaurant tenant in place with a long‑term lease (three years plus two five‑year options, totaling 13 years).; 6% cap rate, offering an excellent passive investment opportunity.; Development potential with the ability to add two stories and four apartments (plans and renderings available).
