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Listed by Harry McNamara, Country House Realty,Inc.
Unique commercial opportunity on Canal Street in Ellenville. Be a part of this up and coming townā€™s revival, and join in Ulster Countyā€™s meteoric rise as a prime destination for new residents, second home owners and investors. Join in Ellenvilleā€™s rise alongside recent successes like Morning Sunshine Market and Love Velma. The Borscht Belt Museum across the street is already planning to call back to the glory days of this scenic area between the Catskills and the Gunks. 115-117 Canal St offers two commercial spaces under one roof. First, a gutted and updated bar space. This approximately 715 square foot space is a blank slate, with new hot water heater, heat pump, grease trap and bar. The window boxes have been framed out for seating, and the rest remains ready for your design vision to come to life. Perfect for a cocktail or wine bar, coffee shop or retail, this space is ready for renovation. Next door, the second space is a 1486 square foot restaurant and catering kitchen, currently occupied by Sammy Brownā€™s Walk Away Cafe. The space is divided into a storefront and massive prep and storage space. The current lease runs to December 2025, so there is an opportunity to keep a steady tenant, or reimagine this space into a full service restaurant, catering hall, or other commercial space. Ellenvilleā€™s Canal Street is just minutes away from some of Ulster Countyā€™s hottest new neighborhoods and attractions, and the restaurant scene is booming. The Rondout Valley features acclaimed spots like Inness (20 Minutes,) Harana Market, Mill and Main, and Rough Cut Brewing. Major economic developments are planned for the area, including the Cresco Labs Cannabis facility, boasting 375 new local jobs, and the renewal of the Nevele Grand Resort. Owner Financing Available, Restaurant equipment in Sammy Brownā€™s does not convey.

More Info

Basic Information

  • Tenant Pays All Utilities

Location

  • Address115-117 Canal Street
  • AreaEllenville-Vlg
  • Building Number115-117
  • CountyUlster
  • Mls Area Minor Ellenville-Vlg
  • StateNY
  • StreetCanal Street
  • TownEllenville
  • Zip12428

Amenities

  • Appliances IncludedWater Heater, Electric Water Heater
  • Cooling Heat Pump
  • Cooling YN Yes

Tax Information

  • Taxes$3,350

Building

  • Building ConstructionBrick, Stone
  • Building Features Private Restroom(s), Kitchen Facilities, Public Restroom(s), Storage
  • Units2
  • Year Built1930

Interior

  • Flooring Other

Property Information

  • Acreage0.06
  • Lot Size Dimensions .06 Acres
  • Lot Size Square Feet 2,613
  • Lot Size Units Acres
  • Square Feet2,209

Basic Information

  • List Price$299,000
  • MLS Number20240687
  • Mls Status Accepted Offer CTS
  • Modification Date09/02/2024
  • Property SubTypeBusiness
  • StatusActive With Contract

Property

  • Business TypeRestaurant
  • Sign On Property YN Yes

Utilities

  • Heating YN Yes
  • Waste Water DisposalPublic Sewer

Other

  • Date Listed03/21/2024
  • Listing Terms Private Financing Available
  • View Count84

Ellenville, NY Demographics

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Ellenville, NY Real Estate Market Data

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Ellenville, NY Schools

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