654 Main Street (Co Rte 3), Margaretville, NY 12455

38 Photos
 
$215,000
Active for Sale
 
Listing ID 10926302
Property Type Commercial
County Delaware
Township Middletown
School MARGARETVILLE CENTRAL SCHOOL DISTRICT
Total Tax $3,636
Tax ID 306.7-9-14
FEMA Flood Map fema.gov/portal
Year Built 1968
   
Virtual Tour

New LOW PRICE for this thriving cash business before covid.

$100,000 price reduction recently. Has the time come to make a major move? Its time to consider some fresh air up in the Catskill mountains. Always wanted to run a restaurant? Heres your chance. Owner has passed and the price reduced. Come take a look at this amazing space and make an offer. Main Streetin Margaretville is bustleing again. There is a wonderful water view and waterside dining in the 1,400 sq ft outside pavilion, as well as picnic tables overlooking the stream. This restaurant attracts a steady clientele of locals, second home and day trippers. "Summerfields" is a Great Restaurant/ Bar with a year round outside pavilion known as the prime location for wedding rehearsal, family gatherings, graduations, club functions and other celebrations. See virtual tour link in showing instructions. Margaretville is central to the multiple country wedding venues throughout the area. The beauty of the Catskil Mountains and the Delaware River Basin including the nearby Papecton Reservoir make this a majestic location for both private and public functions. There are local fishing, boating, hunting, biking, hiking, camping, golfing destinations and other leisure or vacation activities. This is awonderful cash business with unlimited potential. Come and get it! New low price, Estate says SELL!
Property Details
  • 2 Half Baths
  • 1800 SF
  • 0.30 Acres
  • Built in 1968
  • Renovated 1995
  • 1 Story
  • Available 8/13/2020
  • Partial Basement
  • 200 Lower Level SF
  • Lower Level: Unfinished, Bilco Doors, Kitchen
  • Renovation: Beautiful waterside pavilion with . Expanded kitchen facilities, main service area utilities. Update of the main inside dining area that has cathedral ceilings split ac/heat units and cozy wood stoves.
Unit Information
Unit #1 – Half Baths: 2, Occupied
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Stone Flooring
  • Forced Air
  • 1 Heat/AC Zones
  • Electric Fuel
  • Propane Fuel
  • Wood Fuel
  • Wall/Window A/C
  • 200 Amps
Exterior Features
  • Wood Siding
  • Masonry Siding
  • Asphalt Shingles Roof
  • Metal Roof
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Water View
  • Stream View
  • Mountain View
  • Private View
  • Scenic View
  • Stream Waterfront
  • Water Frontage: 150"
  • Handicap Features
  • Near Bus
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • "Summerfields" (Business Name)
  • Class: Hospitality
  • Uses: Tavern & Wedding Rehearsal Specialist
  • 20 Parking Spaces
  • Parking for 60 car across the street is available
Taxes and Fees
  • $1,568 School Tax
  • $1,407 County Tax
  • $661 Village Tax
  • $3,636 Total Tax
  • Tax Year 2019
Listed By
Win Morrison Realty
Office: 845-339-1144
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