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Retail Space with Commercial Kitchen
New
For Sale
$799,000

3 Main Street, Wassaic, NY 12592

SINGLE_FAMILY - Wassaic, NY

Property Size10,640 SF
Lot Size0.57 Acres
Price / SF$75.09
Days on Market2

Property Features for 3 Main Street

General Information

Property type Residential
Property subtype Retail
Zoning HM
Parking features On Street
Appliances Tankless Water Heater, Water Purifier Owned, Water Softener Owned
Lot features Historic District, Landscaped, Level
View Water
Elementary school Webutuck Elementary School
Middle school Webutuck
High school Webutuck High School
Elementary school district Webutuck (Northeast Central)
Middle school district Webutuck (Northeast Central)
High school district Webutuck (Northeast Central)
Directions Route 22 to Nelson Hill. Take a right and go over train tracks. Right onto Main Street. The big green barn is on the right.
Standard status Active
APN 132000-7165-01-087807-0000
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8316

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Radiant
Water source Well
Water front features Stream
Water front 1

Amenities

outdoor seating
bicycle racks
walk-in cooler

Building Details

Year built 1920
Floors in Building 2
Number of units 1
Flooring type Wood, Concrete
Building materials Wood Siding
Listing Agency: McGrath Realty Inc
Listed By: Brian McGrath · License #REB.0791807
Added: Aug 1 Last Checked: Aug 2 at 1:06PM
MLS# 1031541

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A revitalized 1920s two-story wood barn in Wassaic Hamlet offers flexible retail and workspace options under HM zoning. The building totals 10,640 SF, with the first floor (5,320 SF) divided into three spaces including a 1,200 SF area that contains an 800 SF market space and a 400 SF commercial kitchen, currently leased to Vitksy Bakery. The remaining first-floor 3,600 SF operates as the Wassaic Farmer’s Market, with the seasonal market open from May through the end of October, Friday through Sunday.

The center section of the first floor includes a 520 SF office, two bathrooms, and mechanical systems. The second floor also totals 5,320 SF, featuring 3,600 SF of raw space plus an additional 1,720 SF used for mechanical systems and storage. The loft is described as having 20-foot ceilings with lighting inspired by Polaris and Ursa Minor, and the charred timbers are noted as shou sugi ban.

On-site utilities include propane heat, a well water source, and a septic tank. Outdoors, the property includes outdoor seating and bicycle racks, and a concrete sidewalk connects the barn to a 748 SF storage shed with a 12 x 6 commercial-grade walk-in cooler. The barn sits near the Wassaic Art Project, Lantern Inn, Ten Mile Table, Calsi’s General Store, and the local post office, and is steps from the start of the Harlem Valley Rail Trail.

Key Highlights

  • 10,640 SF two‑story revitalized 1920s barn on Main Street, zoned HM
  • First floor: 1,200 SF includes 800 SF market space and 400 SF commercial kitchen leased to Vitksy Bakery
  • First floor: 3,600 SF retail space operating as Wassaic Farmer’s Market, open May–end of October Fridays–Sundays

Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $100.9k $9.48
− Vacancy −$6.9k −$0.64
EGI $94.0k $8.84
− OpEx −$28.2k −$2.65
NOI $65.8k $6.18
10,640 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,650 @ 7.0% cap · market cap 24.11%
Second Best
Office B
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,300 @ 7.0% cap · market cap 21.31%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M (±1% cap)
NOI $224,198 @ 7.0% cap · market cap 28.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wassaic Commons Cafe & Coffee Shop Vitsky Bakery Bakery

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Grocery & Convenience Store Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 12592, NY

1,230
Population
508
Households
2.4
Avg Household Size
45
Median Age
28%
College-Educated
83%
High-School Grad
14.9 sq mi
ZIP Area
83
Density / Sq Mi
$72,188
Median Household Income
$46,658
Median Earnings
$854
Median Rent
$264,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Two-story Main Street barn offering retail areas plus a leased 400 SF commercial kitchen, zoned HM.
Where is this retail space located?
The property is located at 3 Main Street Wassaic, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 10,640 SF two‑story revitalized 1920s barn on Main Street, zoned HM; First floor: 1,200 SF includes 800 SF market space and 400 SF commercial kitchen leased to Vitksy Bakery; First floor: 3,600 SF retail space operating as Wassaic Farmer’s Market, open May–end of October Fridays–Sundays
More about this property
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