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Saugerties
12477
211 Main St

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FOR SALE

Investment properties

211 Main St, Saugerties, NY 12477

5,879 SF 0.21 ac lot Built 1951

Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity

Property ID

US63-2106837

$1,200,000 5,879 SF

211 Main St, Saugerties, NY 12477
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This exceptional investment opportunity encompasses two prime Saugerties properties at 211 Main St and 55 Partition St, totaling 9307 square feet on a 0.21-acre lot. The Main Street location boasts a vibrant commercial presence, situated near numerous restaurants and retail establishments. The main building features two commercial spaces, one currently vacant and ready for lease (previously a dry cleaner), and a three-bedroom apartment above, ideal for short-term rentals. Four attached garages, two with 8-foot and two with 9-foot doors, add significant value and utility. The adjacent 2088 square foot building at 55 Partition Street is a brick multi-family structure, containing two two-bedroom, one-bathroom apartments. This combined property presents a rare chance to acquire a substantial, multi-stream income portfolio in a highly desirable location. The properties are being sold together, offering a cohesive and lucrative investment package. The combined square footage provides ample space for diverse income streams, while the central location ensures high occupancy rates and strong rental demand. This is a turnkey opportunity for an investor seeking immediate returns and long-term growth potential in the thriving Saugerties market. The property's strategic location and diverse income streams make it an attractive investment for both seasoned and emerging investors. The sale includes both buildings and all associated structures and improvements. The tax parcel number for the Main Street property is 18.247-2-15.