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Map
$773,136*
●
Commercial -
Off Market
785 Main Street
Margaretville, NY 12455
Studio
0 Bath
13653 Sqft
$585,000 - $715,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
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 rentable 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: Belleayre 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!!
The manager has listed the unit size as 13653 square feet.
The manager has listed the unit size as 13653 square feet.
Unit Size
13,653Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$48
Property Type
Commercial
Property Taxes
$10,208
HOA Dues
-
Year Built
1910
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 23, 2021 | Sold | $610,000 | |
Sold | |||
May 2, 2021 | No longer available | - | |
No longer available | |||
Apr 25, 2019 | Listed | $650,000 | |
Listed | |||
Jul 16, 2007 | Sold | $400,000 | |
Sold |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/13/2021
|
|
Loft
|
-
|
-
|
$650,000
Loft
-
|
-
-
|
-
|
Marta Weisz
Coldwell Banker Timberland Properties
|
04/25/2019
|
|
Loft
|
-
|
13653 ft²
|
$650,000
Loft
-
13653 ft²
|
-
-
|
-
|
Marta Weisz
Coldwell Banker Timberland Properties
|