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Colchester NY, 13755 $579,000

Retail Commercial  

Property Picture
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Details ML#: H6295350  

  • Business Type: Commercial, Mixed Use, Residential, Retail, Warehouse
  • Sale or Rent:Sale
  • Year Built: 1930
  • Taxes: $5,324
  • Status:Active

Description

Investment Opportunity reintroduced to the market with enhanced appeal! This property encompasses two tax lots spanning 1.69 acres and features three interconnected buildings (all to transfer together). Originally a 1950s movie theater, the main building has since evolved into a thriving antique/gift store, boasting historical charm and significant foot traffic, especially during the bustling summer months. Included in the offering is approximately $100, 000 worth of inventory. Adjacent to this main building is a long-term tenant-run boutique wine and spirit shop, adding to the property’s allure. Another highlight is a beautifully rustic building erected in the 1990s, ideal for a gift shop or garden store, with potential for conversion into a short-term rental or restaurant, offering stunning views of the East Branch of the Delaware River. Additionally, there is a third building comprising two one-bedroom residential units, currently occupied by long-term tenants at below-market rates. This property presents a PRIME OPPORTUNITY for an enterprising buyer to capitalize on its strategic location, heavy visitor traffic, and the serene ambiance of the Catskills region. Seize the chance to embrace the joys of entrepreneurship and relish in the rewards of owning and operating a successful business in this picturesque locale outside Downsville, NY.

More Property Details

Property Features

Waterfront Desc: Water Access  

Appliances & Utilities

Heat: Oil, Propane, Forced Air   A/C: None   Water: Public   Sewer: Septic Tank  

Financial

Taxes: $5,324  

Local Area Information

School District: Downsville   Zoning: Commercial/Residential  

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