850 Main St, Margaretville, NY 12455
This meticulously renovated 2,064 sq ft building in downtown Margaretville, NY, offers a unique investment opportunity. The property includes a thriving, French-inspired bar, Zada's, with classic Art Deco accents, and a successful personal training gym, The Studio Upstate, providing immediate income. The large main space is adaptable, suitable for multiple retail spaces, art galleries, studios, or wellness concepts. A 600 sq ft unfinished garage with 13-foot ceilings offers additional flexibility, potentially for an outdoor kitchen or event space. The 0.22-acre lot features a 100' x 35' private yard ideal for outdoor events. Located 2.5 hours from NYC and on the Trailways Bus route, Margaretville is a year-round destination with access to hiking, skiing, and fly-fishing. The town's growing arts and culinary scene adds to the property's appeal, making it an excellent choice for business owners or investors seeking a versatile, turnkey space in a vibrant Catskills location. The concrete slab floor in the main space adds to its adaptability and functionality.
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Zada's Restaurant
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Rick's Attic Home Decor Store (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
GV · Margaretville, NYMargaretville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.