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$2,999,500
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Property Description
Welcome to one of the Hudson Valley's most iconic and high-traffic destinations-home to the legendary Clemson Bros. Brewery (formerly The Gilded Otter). Positioned on a prominent 2.1-acre corner at Main Street and Huguenot Street, this offering represents far more than real estate-it is a fully realized stage for your next flagship venture. Set against sweeping views of the Shawangunk Mountains and just steps from SUNY New Paltz, the property sits at the crossroads of nature, culture, tourism, and community. Restaurateurs, brewers, distillers, hospitality operators, and forward-thinking investors alike will recognize the rarity of anchoring a business in a destination town entering a dynamic new era of growth. New Paltz is evolving-and this site stands at the center of its transformation. Just blocks away, Zero Place has introduced the town's first mixed-use, net-zero development. Trail Link Collective is emerging as a new hub for outdoor lifestyle and commerce. And The New Paltz Way, a 28-room boutique hotel at 11 Water Street, is poised to elevate the local hospitality experience. Together, these projects are reshaping downtown with a thoughtful blend of sustainability, innovation, and curated design. The property itself offers exceptional visibility and flexibility. Mixed-use zoning allows for residential above retail, boutique commercial space, tasting rooms, expanded hospitality concepts, or even a two-story parking structure to meet increasing demand. Inside, more than 7,500 square feet of meticulously maintained space pairs with expansive outdoor seating and 72 dedicated parking spaces-making it turnkey for an operator or a compelling canvas for visionary redevelopment. Strategically located just 90 minutes from New York City and Albany, minutes from Exit 18 of the New York State Thruway, and fueled by steady foot traffic from students, hikers, cyclists, tourists, and loyal locals, this address delivers both immediate revenue potential and long-term upside. This is more than a property-it is a legacy location, a proven hospitality environment, and a rare opportunity to secure a cornerstone position in one of the Hudson Valley's most vibrant and culturally rich communities. The momentum is building. The visibility is unrivaled. The opportunity is here.
Full Property Details
Full Property Details for 3 Main St
General
- Price: $2,999,500
- Taxes: $44,937
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 967284
- Updated: 3/4/2026
- Added to Site: 56 day(s) ago
Business
- Business Type: Restaurant
Rental Information
- Complex Features: Awning(s), Bathrooms, Built-in-Features, Ceiling Fan(s), High Speed Internet, Lobby, Signage Included
Additional Information
- Security/Safety: Building Security
Parking
- Total Spaces: 72
- Parking Features: Common, Driveway, Off Street, Private, Valet
Location
- County: Ulster County
- Driving Directions: Follow gps
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Forced Air, Propane
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Advanced Framing Technique
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 7476
- Square Feet: 7,476
Lot Features
- Lot Size (Acres): 2.03
- Lot Size (Sq. Ft.): 88,427
- Lot Features: Corner Lot, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Split Possible, Views
Water Features
- Water Front View: River Front
Financial Considerations
- Tax Amount: $44,937.25
Disclosures and Reports
- Special Conditions: None
- Property ID: 3801-086.033-0002-007.100-0000
Listed by Keller Williams Realty
Get Pre-Approved Today
Schools
Schools serving 3 Main St
School District:New Paltz Central School District
| Name | Grades | Distance |
|---|---|---|
Duzine School 31 Sunset Ridge, New Paltz, NY 12561 | K-2 | 1.1 mi |
Lenape Elementary School 1 Eugene L Brown Drive, New Paltz, NY 12561 | 3-5 | 2.6 mi |
New Paltz Middle School 196 Main Street, New Paltz, NY 12561 | 6-8 | 0.6 mi |
New Paltz Senior High School 134 South Putt Corners Road, New Paltz, NY 12561 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3 Main St
Date
Details
Price
Change
Source
3/04/2026
Listed
$2,999,500
49.98%
MLS
4/09/2019
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$40,460
4%
$1,074,000
—
2024
$39,063
5%
$1,074,000
—
2021
$37,037
-13%
$1,074,000
—
2020
$42,671
-39%
$1,074,000
—
2018
$69,620
6%
$1,074,000
—
2017
$65,440
2%
$1,074,000
—
2016
$64,418
67%
$1,074,000
—
2015
$38,514
2%
$1,074,000
—
2015
$37,666
1%
$1,074,000
—
2013
$37,393
—
$1,074,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3 Main St
3 Main Street, New Paltz, NY 12561 (MLS# 967284) is a Commercial property. 3 Main Street is currently listed for $2,999,500 and was received on March 04, 2026. Want to learn more about 3 Main Street? Do you have questions about finding other Commercial real estate for sale in New Paltz? You can browse all New Paltz real estate or contact a Coldwell Banker agent to request more information.
