674 Broadway - Storefront Retail/Residential FOR SALE


Kingston, NY 12401- Downtown Kingston
$765,000 USD
845-399-0770
674 Broadway, Kingston, NY for Sale
$765,000 USD
Storefront Retail/Residential - FOR SALE
1/56
null | 8% Cap Rate

674 Broadway
Kingston, NY 12401
Downtown Kingston


OVERVIEW

This Beautifully Maintained Brick Building known as the original ARTBAR Gallery in Kingston's Vibrant Arts District is just minutes from the Historic Uptown Stockade Area, Downtown Waterfront, and the Ulster County Performing Arts Center. The main floor with front access from Broadway features a Tavern Room with a gorgeous solid wood wet bar and also has additional seating overlooking the scenic streetscape. It is currently set up as a wine bar and an area you can easily do tapas, paninis and other finger foods. The adjacent gallery with track lighting has a nice open feel and is perfect for event space, gallery space or even retail just to name a few. There is a handicapped-accessible half bath as well. A sizable back room off of the gallery area has a gas stove, commercial hood, refrigerator, and additional half bath. A possible prep area or live and work situation. The upper floors offer two updated 1-bedroom apartments for additional income. An attached one-car garage with storage completes this versatile property with off Street parking. Bring your personal vision to this well-maintained move in ready building. *Please note that the net income and cap rate reflects projected income for the first-floor space and apartments. Also, the tenants in the apartments pay for electric and gas to the stove. The owner pays for gas heat and hotwater.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Commercial

APN/PARCEL ID

0800-056.025-0001-017.000-0000

ASK ABOUT THIS PROPERTY

John MurphyHoward Hanna | Rand RealtyMore Info
845-399-0770

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John MurphyHoward Hanna | Rand RealtyMore Info
845-399-0770

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