Mary Collins Real Estate, Inc.
 
MARBLETOWN NY - ID: 20183945 - MARBLETOWN On the Market
7-15 Old Route 209, Stone Ridge, NY 12484 ID: 20183945
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Price: $425,000

Sq. Feet: 2,364

Acreage: 1.20

Year Built: 1940

School District: RONDOUT VALLEY



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Mixed Use

Description: Well established "Lydia's Cafe" in high visibility location on Route 209 with 445 feet of additional frontage on Old Route 209 where there is ample parking. The building has been upgraded with new roof, exterior and interior paint, attractive propane stove in the dining room, new outdoor patio. Currently a hub for great music and fabulous dinners, the space transforms itself into a charming and cozy space to hang out in. Zoned B2 which affords the highest level of use for commercial ventures. Restaurant has huge walk-in cooler, well equipped kitchen, updated decor including new furniture in the dining room. Some beverage coolers are owned by beverage companies. Cottages are 817 square feet and about 350 square feet. Lovely visible property. The two rental cottages, 800 square feet and 300 square feet, are 2 BR and 1 BR are also newly renovated and bring in $1, 200 ( currently owner occupied) and $550 (currently rented). Tenant on a month to month lease.
Some beverage coolers are owned by beverage companies. All other equipment included in sale. Lovely visible property. A great business opportunity in a great location. PROPERTY IS OFFERED FOR SALE WITHOUT BUSINESS. PROJECTED COMMERCIAL INCOME IS $2000 @ MONTH, AND SMALLER COTTAGE COULD EASILY BE $700 @ MONTH, WHICH BRINGS TOTAL MONTHLY INCOME TO A PROJECTED $3900 @ MONTH. IF USED STRICTLY AS AN INVESTMENT, UTILITIES FOR COMMERCIAL SPACE WOULD BE PAID BY TENANT.




FEATURES:
NUMBER OF UNITS: 3
SURVEY: Yes
ELEMENTARY SCHOOL: Marbletown K-3
NEIGHBORHOOD: Stone Ridge
ZONE: B2
LOT DIMENSIONS: Irregular
CONDITION: Very Good
ELECTRICITY: 200 Amps
LOT FEATURES: Corner Lot, Landscaped, Level, Parking Lot
LOT/SITE: Other/See Remarks
ROAD FRONTAGE: State Road, Paved


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Listing courtesy of: Bhhs Hudson Valley Prop-Sr / Listing Agent: Amy Levine
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The data on this website relating to real estate comes from the (IDX) of the Multiple Listing Service of Ulster County. Real estate listings of brokerage firms other than Mary Collins Real Estate, Inc. are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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