28369 State Highway206 Downsville, NY 13755

Facts

• Property ID: 798394254
• MLS Number: 11185946
• Parcel Number: 358.2-3-1
• Property Type: Single Family Home
• County: Delaware
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. "Exceptional Opportunity for a Thriving Tavern, Restaurant, and Art Gallery or Apartments Discover this magnificent building perfectly suited for a variety of business ventures, including a tavern, restaurant, or art gallery or apartments. Nestled in a highly visible and prime location, at the convergence of two well-traveled state highways, this grand structure stands as a cornerstone of the burgeoning Catskills region. With a rich commercial history spanning several decades, this solidly constructed building has been the heart of the town's bustling center. Previously housing a diverse range of businesses, the current incarnation of this remarkable property showcases an enchanting antiques store. However, the possibilities are endless, thanks to the absence of zoning restrictions. Whether you envision an inviting restaurant, a trendy brewery, or any other retail or residential concept, This space is brimming with potential. Spanning just under 5000 square feet, the building boasts a spacious lower floor that presently serves as a sprawling retail area, ideally suited for an exceptional dining experience. The ceiling, previously lowered but easily restorable to its majestic 12-foot height, adds a touch of grandeur to the atmosphere. Completing the lower level is a fully equipped kitchen and two well-appointed bathrooms. Ascend to the upper floor using either of the two staircases, currently utilized as additional retail space, and envision the opportunity to convert this area into two separate income-generating apartments. Additionally, a generous 700+ square foot storage space is situated on the upper level, providing ample room for organizational needs. Further enhancing the property, a 2000 square foot basement with convenient interior and exterior access offers additional storage options. The building's infrastructure has been maintained, with upgraded septic and electrical systems in place. The property is serviced by reliable municipal water, ensuring seamless operations. Situated just over two hours from the bustling streets of New York City, this exceptional property finds itself nestled within one of the state's lowest taxed towns. Seize this remarkable chance to acquire a distinguished real estate gem that promises both lucrative business opportunities and a prime investment in a thriving community.