Main St Margaretville, NY 12455
- Mixed-use properties
- 8,732 SF
- 0.85 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for Main St
- Year built
- 1900
- Lot size
- 0.85 lot acres
- Property size
- 8,732 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use building, located on Main Street in the vibrant village of Margaretville, NY, offers over 8,732 square feet of income-producing space on a 0.85-acre lot. Boasting a rich history as a former A&P grocery store, newspaper office, feed store, and post office, this property presents a unique investment opportunity. The ground floor currently houses a thriving fabric and quilting store, "Bloom," which utilizes the space for its retail operations and popular retreats (business not included in sale). The second floor is partially developed, featuring installed framing, electrical panels, new windows, and most plumbing, ready for conversion into three apartments or offices. The remarkable third floor, the former Masonic Hall dating back to circa 1855, retains its original charm and grandeur. This expansive space includes a large gathering area with a podium, ample storage, a dining room, and a small kitchen. Original architectural details, including tall paneled wooden doors with brass hinges and knobs, stained-glass windows, and a stunning original tin ceiling, add to the property's unique character. This property's versatility and prime location in a thriving Catskills village offer countless possibilities for a creative and entrepreneurial investor. Priced at $695,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Margaretville
- County
- Delaware
- State
- New York
- Longitude
- -74.6585
- Latitude
- 42.1402
