246 Main St - Storefront Retail/Residential FOR SALE


Beacon, NY 12508
$3,600,000 USD
845-332-5458
246 Main St, Beacon, NY for Sale
$3,600,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

Oct '26


246 Main St
Beacon, NY 12508


HIGHLIGHTS

  • Ground-floor sale-leaseback at $186,000 NNN
  • A cash-flowing property with a strong anchor tenant and clear remaining upside
  • Apartment conversion, boutique lodging, or STR development opportunity on two floors

OVERVIEW

Cash-Flowing Asset with Value-Add Upside: Handsomely restored historic building in Beacon's mid-Main Street with a fully renovated 2,245 SF restaurant venue and two walk-up floors, each 1,800 SF, presenting redevelopment value. The restaurant comes with a long-term NNN leaseback from the seller who will continue to operate the restaurant. Above, the second and third floors present a flexible blank canvas for apartment conversion, boutique lodging, or STR development—a rare opportunity that allows a buyer to capture existing cash flow while executing the upstairs redevelopment. Location Description: The property's central location in Beacon's strong commercial corridor delivers excellent visibility and walkability to all points of interest, arts and culture, plus proximity to the Metro-North Station. Lyonshare Restaurant - Anchor Tenant Offering Long-Term NNN Sale-Leaseback: Lyonshare had a robust launch and gained momentum within months of opening in October 2024. Awarded the #1 Best New Restaurant in the Hudson Valley by Chronogram in 2025, it earned top placement in the Readers’ Choice Awards. The restaurant's successful take-off proves the building’s remaining development potential.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$616 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Mixed-Use Anchored by Signature Tenant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CBD

APN/PARCEL ID

130200-5954-28-877907-0000

ASK ABOUT THIS PROPERTY

Nilgun FoleySVN | Deegan-Collins Commercial RealtyMore Info
845-332-5458

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Nilgun FoleySVN | Deegan-Collins Commercial RealtyMore Info
845-332-5458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.