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3 Main Street, New Paltz Village, NY 12561

$2,400,000

  • For Sale
  • Active
  • Commercial
3 Main Street, New Paltz Village, NY 12561View this property at 3 Main Street, New Paltz Village, NY 12561
3 Main StreetNew Paltz VillageNY12561
Property Description
The Gilded otter has been in business for 20 years. It is a favorite among locals and hikers and skiers. The Gilded Otter has been brewing various seasonal and year-round beers and has a large diverse menu. Menu attached and Beer Menu attached. This is a well built building built by Michael Nastro Construction in Mongaup Valley, NY 12762. This is probably the best location for a business of this kind in the entire town of New Paltz. This 2.03-acre property is located on Main St & The Wallkill River. The 8,000 Square Foot building has a beautiful patio that seats 150 people overlooking the scenic Wallkill River. The bar has 35 stools, the second floor seats 75, and the main restaurant seats over 100 for a total of approximately 365 people.
The property has a parking lot that has 75 lined spaces and a village lot adjacent to it with another 100 spaces.

Full Property Details for 3 Main St

General

  • Price: $2,400,000
  • Taxes: $38,514 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 4709060
  • Updated: 5/13/2018
  • Added: 519 day(s) ago

Additional Information

  • Improvements: This building has upward of $500, 000 in brewing and restaurant equipment.

Location

  • County: Ulster County
  • Subdivision: New Paltz Village
  • Driving Directions: At the beginning of main street right next to the Wallkill River.
  • Location Details: First Floor, Second Floor

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air
  • Heating Fuel: Propane
  • Water Heater: Gas Stand Alone

Utilities

  • Sewer: Municipal
  • Water: Municipal

Structural Information

  • Construction: Frame
  • Square Feet: 7,476
  • Potential Bldg. Use: Business, Food Services, Mixed
  • Year Built: 1998

Unit Information

  • Unit Floor in Bldg.: 2

Lot Features

  • Zoning: GT
  • Lot Description: Corner Lot, Level

Water Features

  • Water Access: Yes

Financial Considerations

  • Assessment Amount: $1,074,000
  • Tax Amount: $38,514
  • Tax Year: 2015

Listed by Rhulen Realty Group LLC

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Schools

Schools serving 3 Main St

Score
Name
Grades
Distance
NR
Duzine Elementary School
31 Sunset Rdg, New Paltz, NY 12561
K-2
1.1 mi
6
1 Eugene L Brown Dr, New Paltz, NY 12561
3-5
2.6 mi
4
196 Main St, New Paltz, NY 12561
6-8
0.6 mi
7
130 S Putt Corners Rd, New Paltz, NY 12561
9-12
1.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 3 Main St Get Price Alerts

Date
Details
Price
Change
Source
5/13/2018
Price Reduced
$2,400,000
-11.11%
MLS
6/21/2017
Price Reduced
$2,700,000
-15.62%
MLS
3/15/2017
Listed
$3,200,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 3 Main St

Listed by Rhulen Realty Group LLC

3 Main Street, New Paltz Village, NY 12561 (MLS# 4709060) is a Commercial property. 3 Main Street is currently listed for $2,400,000 and was received on March 15, 2017. Want to learn more about 3 Main Street? Do you have questions about finding other Commercial real estate for sale in New Paltz Village? You can browse all New Paltz Village real estate or contact a Coldwell Banker agent to request more information.