3 Main St - Restaurant FOR SALE


New Paltz, NY 12561
$3,250,000 USD
845-668-9069
3 Main St, New Paltz, NY for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/67
null | Request Cap Rate

3 Main St
New Paltz, NY 12561


HIGHLIGHTS

  • Located on high traffic road.
  • Corner lot on Main Street and Huguenot Street.
  • Waterfront property.
  • Plenty of business uses.

OVERVIEW

Welcome to one of the most iconic and high-traffic properties in the Hudson Valley—home to the legendary Clemson Bros Brewery (formerly the Gilded Otter). Positioned on a prominent 2.1-acre corner lot at Main Street and Huguenot Street, this is more than just real estate—it’s a launchpad for your next major business venture. Set against the breathtaking backdrop of the Shawangunk Mountains and just steps from the SUNY New Paltz campus, this property sits at the intersection of nature, community, tourism, and culture. Whether you’re an established restaurateur, brewer, distiller, or investor with vision—this is a one-of-a-kind opportunity to tap into the vibrant pulse of a growing destination town. The location couldn’t be more strategic: 90 minutes from NYC and Albany, directly off the NYS Thruway (Exit 18), and surrounded by a steady stream of foot traffic from students, hikers, bikers, and weekenders. Outdoor seating, a large parking lot, and a fully built-out, beautifully maintained brewery/restaurant make this turnkey for a hospitality group—or a creative entrepreneur ready to expand or reimagine the space. The Future Is Even Bigger: With zoning potential for a multi-use development—including apartments, retail, and even a two-story parking structure—this site offers developers a rare chance to shape the future of New Paltz. This is more than a property—it’s a lifestyle brand in one of the most dynamic small towns in New York. The energy here is magnetic. The growth is undeniable. The time is now.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

GT

APN/PARCEL ID

3801-086.033-0002-007.100-0000

ASK ABOUT THIS PROPERTY

Lindsay StevensStevens Real Estate @ eXp RealtyMore Info
845-668-9069

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Lindsay StevensStevens Real Estate @ eXp RealtyMore Info
845-668-9069

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