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    42287 State Hway 28

    Margaretville, NY 12455
    • $549,900
    • STATUS: ACTIVE
    • MLS #: 20204188
    UPDATED: 25 min ago
    $549,900
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1995
    County:
    Area:

    School Ratings & Info

    Description

    Has the time come to make a major move? Its time to consider some fresh air up in the Catskill mountains. Always wanted to run a restaurant? Heres your chance. Owners are ready to retire. They have drastically reduced the price $90,000. Cafe is thriving and has all through the pandemic. Currently serving breakfast and lunch but dinners will put you over the top. Located across from one of biggest employers of the area. Ground floor an open book. A bakery, icecream parlor or maybe even a craft beer bar. All needed in the area. Could even be living quaters if need be. Come take a look at this amazing space and mske an offer New lower price on this amazing cash business. Come look at this thriving restaurant and retail opportunity on State Rte 28 in Margaretville. This building was redesigned and rebuilt lovingly by the current owners and they named the business the "Crazy River Cafe and Delicatessen". This is absolutely one of the most modern open floor plan, clean and best maintained restaurants that I have ever had the pleasure of dining in. There is a wonderful water view and waterside dining on the outside deck, as well as picnic tables along the river during the summer months. The walk out lower level provides over 2,000 sq ft of open finished space that could be retail, bakery, night club, etc This restaurant attracts a steady clientele of both locals, second home owners and tourists. Everyone loves the open floor plan of the main dining area that is flooded with natural light. Over .8 acre lot reaches to the center of the East branch of the Delaware river below. The custom, modern, architecturally designed building sits high above the bucolic "Crazy River" and needs no flood insurance. This location is amazing for any commercial venture with thousands of cars going by the front door daily. The Margaretville Hospital is almost across the street and the Meadow Golf Course is just a few doors down. The Trailways Bus Line goes right past the front door and provides convenient travel to Andes, Delhi, Oneonta, Fleischmanns, Phoenicia, Woodstock, and Kingston to NYC. The restaurant currently seats 54, with enough room for many more. The deck can seat 14 or more with an additional 18 at the picnic table during good weather. The restaurant has been only operating for breakfast and lunch since inception. By adding dinners and possibly either beer and wine or a full liquor license, there is limitless income and growth potential. The lower level could draw rent of around $1,600-$2,000 per month. Dont miss this incredible commercial opportunity. see tour at https://tours.hudsonvirtualtours.com/public/vtour/display/1603061#!/

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    © 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Data Last Updated:2021-09-16T10:18:27.313
    www.barbaracarterteam.com/homes/110517015
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    42287 State Hway 28 Margaretville, NY 12455

    • Price: $549,900
    • Status: ACTIVE
    • Updated: 25 min ago
    • MLS #: 20204188
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    4,800
    SQFT
    $115
    $/SQFT
    1995
    Built
    Neighborhood:
    Delaware
    County:
    Delaware County
    Area:
    Delaware
    School District:
    Margaretville Central Schools
    Property Description
    Has the time come to make a major move? Its time to consider some fresh air up in the Catskill mountains. Always wanted to run a restaurant? Heres your chance. Owners are ready to retire. They have drastically reduced the price $90,000. Cafe is thriving and has all through the pandemic. Currently serving breakfast and lunch but dinners will put you over the top. Located across from one of biggest employers of the area. Ground floor an open book. A bakery, icecream parlor or maybe even a craft beer bar. All needed in the area. Could even be living quaters if need be. Come take a look at this amazing space and mske an offer New lower price on this amazing cash business. Come look at this thriving restaurant and retail opportunity on State Rte 28 in Margaretville. This building was redesigned and rebuilt lovingly by the current owners and they named the business the "Crazy River Cafe and Delicatessen". This is absolutely one of the most modern open floor plan, clean and best maintained restaurants that I have ever had the pleasure of dining in. There is a wonderful water view and waterside dining on the outside deck, as well as picnic tables along the river during the summer months. The walk out lower level provides over 2,000 sq ft of open finished space that could be retail, bakery, night club, etc This restaurant attracts a steady clientele of both locals, second home owners and tourists. Everyone loves the open floor plan of the main dining area that is flooded with natural light. Over .8 acre lot reaches to the center of the East branch of the Delaware river below. The custom, modern, architecturally designed building sits high above the bucolic "Crazy River" and needs no flood insurance. This location is amazing for any commercial venture with thousands of cars going by the front door daily. The Margaretville Hospital is almost across the street and the Meadow Golf Course is just a few doors down. The Trailways Bus Line goes right past the front door and provides convenient travel to Andes, Delhi, Oneonta, Fleischmanns, Phoenicia, Woodstock, and Kingston to NYC. The restaurant currently seats 54, with enough room for many more. The deck can seat 14 or more with an additional 18 at the picnic table during good weather. The restaurant has been only operating for breakfast and lunch since inception. By adding dinners and possibly either beer and wine or a full liquor license, there is limitless income and growth potential. The lower level could draw rent of around $1,600-$2,000 per month. Dont miss this incredible commercial opportunity. see tour at https://tours.hudsonvirtualtours.com/public/vtour/display/1603061#!/
    Exterior Features

    Construction Frame/Stick Exterior Doors Under 10FtGuttering Garage Parking Extras Lot-PavedOff StreetParking Spaces 11-20 Lot Features LandscapedSlope-GentlyOther/See Remarks Road Frontage PavedState Road

    Interior Features

    Basement Partial Ceiling Height 10'8" Commercial Features Display WindowHandicap AccessKitchen FacilitesPatio/DecksPublic BathroomsSecurity SystemSigns OwnedStorage AreaDoors Under 10Ft Cooling Air Conditioning Wall UnitWindow Unit Electricity Circuit Breakers400 Amps Floors CarpetCeramicWide Board Heat Source Baseboard Heating Fuel Oil Hot Water Electric Interior FrontageOffice SqftRetail SqftWall UnitsWindow Units

    Property Features

    Annual Income 400948 Annual Net 268120 Current Business Type Cafe/DinerGeneral Retail Foreclosurey N No General Tax 2484 Lease Type None Listing Type Exclusive Right Monthly Income 33412 Sales Include BldgBus NameEquipmentFixtureInventoryLandSupplies Sewer Municipal Short Saley N No Type Mixed Use Water1 Drilled Well

    © 2021 by Hudson Valley Catskill Region MLS.
    Listing # 20204188 provided courtesy of William St John of Win Morrison Realty.
    © 2021 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Barbara Carter Team | Century 21 Alliance Realty Group are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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. Data Last Updated:2021-09-16T10:18:27.313
     
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    Barbara Carter Team | Century 21 Alliance Realty Group
    652 Route 299, Suite 100
    Highland NY, 12528