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Property profile & analytics
FOR SALE
Coffee shops

55 Main St Andes, NY 13731

Built 1900
Property ID
US63-0121485
Property summary
AI-generated overview

**Charming Multi-Use Live/Work Opportunity in Andes, NY** Welcome to your dream investment in the picturesque town of Andes, NY, nestled in the breathtaking Catskill region! This unique property presents an exceptional opportunity to own a thriving commercial space alongside two lucrative short-term rental apartments, making it perfect for both living and working. Step into the heart of this enchanting building, where the current commercial space has been artfully transformed into a successful café. The space features a warm homey charm with natural light, French Doors, re-purposed Tin Ceilings. There is also a lovely back deck overlooking a stream. The current owners spared no expense in the restoration and renovation. Above the café, you'll find two beautifully appointed apartments, each boasting their own unique character. These well-maintained units have consistently generated income through short-term rentals, making them an ideal source of revenue. Whether you choose to reside in one and rent out the other or maintain both as income-producing properties, the possibilities are endless. Each apartment features modern amenities, tasteful decor, and easy access to the vibrant downtown area. Andes is a charming town that offers a rich blend of outdoor recreation and community spirit. Surrounded by the stunning Catskill Mountains, residents and visitors can enjoy hiking, fishing, and skiing just minutes from their doorstep. The town is home to local shops, art galleries, and seasonal events that create a delightful sense of belonging. This multi-use property not only provides a fantastic business opportunity but also a lifestyle that many dream of. With the café on the ground level and income-generating apartments above, you can enjoy the best of both worlds—living in a beautiful setting while running a successful business. Don't miss your chance to invest in this versatile property in one of the Catskills' most charming towns. Schedule your private showing today and take the first step toward making this unique opportunity your own! bikeScore: 10, Somewhat Bikeable walkScore: 31, Car-Dependent

Property profile
Verified
Property type Coffee shops
Year built 1900
UPID US63-0121485
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dragonfly55 Epicurean Coffee Bistro Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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