Background Image Background Image Background Image Background Image Background Image

    The COMMONS in MARGARETVILLE
    EXCELLENT INVESTMENT OPPORTUNITY

    #38043 -- $650,000

    785 Main Street, Margaretville NY

  • #38043 -- $650,000 -- 0.35 Acres
  • - 13653 Square Feet
  • Location: Margaretville NY
  • 11 RENTAL UNITS and 1 RESTAURANT
  • 14,000 +/- sq ft
  • HISTORIC BUILDING
  • CURRENT NET INCOME $32,000
  • SALE of REAL ESTATE ONLY
  • ANCHORING the MAIN street of MARGARETVILLE
  • IN THE HEART OF the CATSKILLS
  • MANY ORIGINAL DETAILS
  • Call or Text: 917-837-5469 for more INFO
  • OR.... EMAIL: mweisz@timberlandproperties.net for more INFO

  •   VIEW PROPERTY 70 PHOTOS
Subscribe for Catskill Premier Listing Updates

Submit Your Email... and we will send you New Catskill Premier Listings and Pricing Updates.


Thank you, your subscription request has been sent!

You will be hearing from us when the listing is updated.

Sending, please wait...


Request More Info

785 Main Street Margaretville, NY 12455

MLS# 38043



Thank you, your request has been sent!

You will hear from us shortly.
You can send another message if needed.

Sending, please wait...


Print this Page



SEE ALL CATSKILLS PREMIER LISTINGS


THE COMMONS BUILDING . . . an outstanding 14,000 +/- sq. ft. commercial investment opportunity located in the destination town of MARGARETVILLE, in the Heart of the CATSKILLS . . . features 11 commercial rental units, 1 restaurant, plus . . . an additional 3rd floor space of unfinished 4000 +/- sq. ft. possibilities.  Current gross ANNUAL INCOME is $70K, with approximately $38K of expenses --- current NET INCOME is approximately $32K/year.    Of note for the history enthusiast, this distinctive building enjoys a NOTEWORTHY LEGACY . . . starting as 2 separate buildings around 1850. One was an ODDFELLOWS LODGE . . . the other a DRY GOODS and GROCERIES STORE run by George G. Decker.  In 1940's, the two structures were connected to become a GENERAL STORE.     

Location - Location - Location!  Just off The CATSKILL Mountains SCENIC BYWAY, in the noteworthy and charming village of Margaretville, THE COMMONS is just minutes to all the major TOURIST DESTINATIONS:  BELLEYRE and PLATTEKILL Ski Centers, the Pepacton Reservoir, the Round Barn FARMERS' MARKET and the Hanah and Shepard Hill golf courses.    Get in on the current Catskill renaissance:  The CATSKILL MOUNTAINS, just listed as one of the top 11 global destinations by AirBnB for 2019!!




3D INTERACTIVE WALKTHROUGH


Click on PLAY BUTTON shown in lower left corner for VIDEO WALKTHROUGH!


785 Main Street, Margaretville NY, 12455