$185,000
$200,000
7.5%For more information regarding the value of a property, please contact us for a free consultation.
1,800 SqFt
SOLD DATE : 02/24/2025
Key Details
Sold Price $185,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $102
MLS Listing ID R1551326
Sold Date 02/24/25
Construction Status Existing
HOA Y/N No
Year Built 1968
Annual Tax Amount $3,572
Lot Size 3.000 Acres
Acres 3.0
Lot Dimensions 110X119
Property Sub-Type Commercial
Property Description
Estate says SELL! Its time to consider some fresh air up in the Catskill mountains. Always wanted to run a restaurant and bar with a tremendous 1,400 sq ft outdoor waterside pavilion? Here's your chance. Major price reduction is in place. Come make an offer. Main Street in Margaretville is bustling again. There is a wonderful water view and waterside dining on the outside pavilion, as well as picnic tables overlooking the stream. This restaurant attracts a steady clientele of both locals, second home and day trippers. ''Summerfields'' is a Great Restaurant/ Bar with a year round outside pavilion known as the prime location for wedding rehearsal, family gatherings, graduations, club functions and other celebrations. Margaretville is central to the multiple country wedding venues throughout the area. The beauty of the Catskill Mountains and the Delaware River Basin including the nearby Papecton Reservoir make this a majestic location for both private and public functions. There are local fishing, boating, hunting, biking, hiking, camping, golfing destinations and other leisure or vacation activities. This is a wonderful cash business with unlimited potential.
Location
State NY
County Delaware
Area Margaretville-Village-124603
Zoning H-C
Direction From NYS Thruway exit 19 Kingston Rte 28 west 47 miles to right on Rte 30 to left on Main (Co Rte 3) to 654 on Left. From Oneonta and Delhi Rte 28 east to left on Bridge St to left on Main (Rte 30) to 654 on left
Body of Water East Branch Delaware River
Rooms
Basement Partial
Interior
Heating Exhaust Fan, Electric, Individual, Propane, Other, See Remarks, Baseboard
Cooling Exhaust Fan, Other, See Remarks, 1 Unit
Flooring Hardwood, Linoleum, Varies, Vinyl
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Waterfront Description River Access,Stream
View Y/N Yes
View Water
Roof Type Asphalt,Metal,Pitched,Shingle
Handicap Access Accessibility Features
Total Parking Spaces 14
Building
Lot Description Irregular Lot
Building Description Frame,Wood Siding, Public Restrooms
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Wood Siding
Construction Status Existing
Schools
School District Margaretville
Others
Tax ID 306.7-9-1,2
Security Features Security Service
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Estate
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