See Home Value
Margaretville 12455
785 Main Street
$773,136*
Commercial - Off Market

785 Main Street

Margaretville, NY 12455
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210513
05/13/2021
Loft
-
-
$650,000
bedrooms
Loft
bathrooms
-
-
-
-
Marta Weisz
Coldwell Banker Timberland Properties
20190425
04/25/2019
Loft
-
13653 ft²
$650,000
bedrooms
Loft
bathrooms
-
square feet
13653 ft²
-
-
-
Marta Weisz
Coldwell Banker Timberland Properties

Building Info

785 Main Street 785 Main Street, Margaretville, NY 12455
More about this Building
785 Main Street
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About Margaretville


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