724-730 Main St - Retail FOR SALE


Margaretville, NY 12455
$650,000 USD
718-781-0270
724-730 Main St, Margaretville, NY for Sale
$650,000 USD
Retail - FOR SALE
1/25
null | Request Cap Rate

724-730 Main St
Margaretville, NY 12455


HIGHLIGHTS

  • Historic three-story mixed-use building with over 8,700 SF of interior space.
  • First floor leased to BLOOM, a well-known retail tenant in the community.
  • Original 19th-century architectural details including tin ceilings and crafted woodwork remain intact.
  • Upper floors configured for extensive residential or hospitality redevelopment potential.
  • Located in a vibrant village center near dining, retail, and essential services.

OVERVIEW

FANTASTIC OPPORTUNITY on Main Street Margaretville - over 8700 square feet of income producing space! A building with a Vibrant History. It was home to the first A&P Food Market, the Catskill Mountain News, a feed store, and the Post Office, just to name a few! Formerly an E-Center created by the Catskill Development Fund, it first floor currently houses BLOOM, a very popular fabric/quilting store with beautiful appointed accommodations for their many retreats (business not for sale), POTENTIAL ABOUNDS on the second floor! Framing, electric panels, large new windows and most of the plumbing is in place for two to three APARTMENTS/OFFICES. The third floor is the big secret. It was the Masonic Hall, circa 1855, and still retains its pomp and allure. It includes a huge gathering space with a podium, lots of storage, an expansive dining room, plus a small kitchen. The original details are mesmerizing: tall paneled wooden doors with brass hinges and door knobs, stained glass windows, and the best one - the original tin ceiling! This building has too many possibilities to count. Bring your imagination and your business acumen to this thriving Catskills village! PLEASE NOTE: Building was taxed under an Industrial Development exemption. This exemption has expired, and taxes will go up next year. Estimated taxes for 2027 are around $6,000. The current owners will be applying for grant money to refresh the paint on the outside of the building.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,124 SF

ZONING

mixed

APN/PARCEL ID

124603-306-007-0009-021-000

ASK ABOUT THIS PROPERTY

Phyllis Whitehouse-FromeThe Catskill Dream TeamMore Info
718-781-0270

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Phyllis Whitehouse-FromeThe Catskill Dream TeamMore Info
718-781-0270

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