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.
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01/2 BATHS
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.
© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2024-10-05T10:18:25.903.