UNIQUE OFFERING. Prime Location in the heart of the Village of Saugerties. This mixed use building features a fully equipped, successful restaurant/bar and a mini market. Located above the commercial businesses are 6 apartments. Second floor has 3 units, 2 - one bedroom and 1- two bedroom. Third floor apartments consist of 3 additional units, 2- one bedroom and 1 - two bedroom with an office. This building has over 7,612 sq. ft. and an additional 3,124 sq. ft. in the basement. The potential for this space is endless! This is a great investment and income producing property! Municipal parking lot located right across the street for your convenience. Full basement with high ceilings is great for storage and currently being used by the restaurant for multiple purposes. Please note current rents are under fair market rates. Please see income and expense for ProForma. Tenants pay their own utilities and the owner pays taxes, insurance, and water. New roof in 2020. Here is a chance to start anew. Live, work, and play in upstate, NY. Come see all this charming, small town has to offer!
More Info
Basic Information
Acreage0.09
Lfd WaterMUNICIPAL
List Price$1,295,000
MLS Number20210829
MlsStatusACTIVE
Property TypeMixed Use
SewerMUNICIPAL
Square Feet7,612
Units8
Year Built1930
Amenities
UsmAmenitiesBasement
Location
Address110 Partition Street
Area TownSaugerties-vlg
Building Number110
High School DistrictSAUGERTIESCENTR
StateNY
StreetPartition
Street DesignationStreet
TownSaugerties
Zip12477
Zone5
Legal
ForeclosureNo
General Tax$6,758
School Tax$2,992
Viltax$1,996
Building
BasementFULL
Property
Current Business TypeBAR/TAVERN
Current Business Type CntRESTAURANT W/BAR, SPECIALTY STORE
