654 Main St

Investment Highlights

Serrene waterfront Pavilion, Ample parking available. Signage and incredible frontage on Main St in Margaretville.

Executive Summary

Recent price ruductions of $125,000. The previous owner has passed away and the "Estate says SELL"! Its time to consider some fresh air up in the Catskill mountains. Always wanted to run a restaurant and bar with a tremendous 1,400 sq ft outdoor watrerside pavilion? Heres your chance. Major price reduction is in place. Come take a look at this amazing space and make an offer. Main Street in Margaretville is bustleing again. There is a wonderful water view and waterside dining on the outside pavilion, as well as picnic tables overlooking the stream. This restaurant attracts a steady clientele of both 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. Margaretville is central to the multiple country wedding venues throughout the area. The beauty of the CatskillMountains 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 a wonderful cash business with unlimited potential. Brokers send your buyer clients as all agency relationships will be honered. "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. Margaretville is central to the multiple country wedding venues throughout the area. The beauty of the Catskill 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 a wonderful cash business with unlimited potential. Estate says SELL!!.

• Sale Type    Owner User
• Sale Conditions    1031 Exchange 1031 Exchange Bulk/Portfolio Sale 1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Restaurant
• Building Size    2,508
• Building Class    B
• Year Built/Renovated    1968/2000
• Price    215,000
• Price Per SF    86
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.19
• Land Acres    0.30 AC

• Bus Line
• Courtyard
• Restaurant
• Security System
• Waterfront
• Air Conditioning