46 Main St

Investment Highlights

Proven Main Street restaurant location in the heart of New Paltz Amazing two-story glass skylight storefront creates appealing sunlit space Seating for approximately 90 people, with full liquor license Stand-alone restaurant building, with equipment, furniture, fixtures, etc. included in the sale Multiple dining environments include main dining room, loft dining area, and speakeasy tavern space Fun and funky college down with reliable strong demand

Executive Summary

Rare opportunity to own a Main Street restaurant building in the heart of New Paltz. The sale includes the building and all equipment, furniture, and fixtures. Amazing two-story skylight glass creates a beautiful sunlit dining environment, with seating on both the ground floor and in the dining loft above. A second entrance along South Chestnut Street lends a cool speakeasy vibe to the tavern area at the rear of the restaurant. Ground floor kitchen + full basement prep area. Seating for approximately 90 people. Five new mini-split heating/cooling units were recently installed, along with new windows on the second floor. Reasonably priced at $700,000, this is your chance to get in on the thriving New Paltz scene.Located an hour and a half north of New York City, New Paltz is a fun and funky college town known for it's historic Main Street, eclectic shops and restaurants, nearby hiking, biking, rock climbing, and local produce farms and orchards. The entire Shawangunk Ridge that overlook New Paltz is a nature preserve, connected to town by the lovely River to Ridge hiking and biking trail. The Wallkill Valley Rail Trail, now part of the larger 750-mile Empire State Trail, also runs right through town. SUNY New Paltz has nearly 8,000 students, supporting a strong local music scene and bringing a distinct and youthful vitality to New Paltz.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Restaurant
• Building Size    2,613
• Year Built    1967
• Price    700,000
• Price Per SF    268
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    1.32
• Land Acres    0.05 AC