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Bluebird Wine & Spirits 5059 US Highway 209 1,976 SF Retail Building Accord, NY 12404 $650,000 ($328.95/SF)



Investment Highlights
- Licensed and operational turnkey business
- Additional living space included which can also double as additional income
- plenty of natural light
Executive Summary
After nearly 6 years our family is planning to relocate from the area and we are putting Bluebird Wine on the market. For somebody looking to make a life in the Hudson Valley or for a hospitality operator to add an off-premise license to their portfolio this presents the perfect opportunity. The sale includes the existing business as well as all associated IP plus website/webstore, fixtures, fridges, and the real estate which includes a residential unit above as well as the additional space to the left of the shop which can either be expanded into as part of the store's footprint, used as office/admin/studio space, or pending local planning board approval made into a separate retail concept such as a beer store or really whatever you can dream up. This address has been a licensed wine and spirits shop for many decades and will be an easy corporate changeover for the buyer once approved for the license by the New York State Liquor Authority. Its historical frontage along Route 209 and the picturesque backdrop of the Rondout Creek make this the most charming retail space within the hamlet of Accord. Local attractions include the Inness resort, the forthcoming Granary complex redevelopment, the recently opened Six Bells in nearby Rosendale and the forthcoming project from the One Hotels group also in Rosendale, as well as Westwind Orchards, Arrowood Farms, and dozens of other local attractions. This is a fully turnkey business ready for you to operate on Day 1. The addition of the apartment above offers the opportunity for this to be a live/work situation or it can be used to generate additional income. There have been recent upgrades to the building including a new roof and hot water heater in 2023 and some cosmetic updates to the apartment in 2021.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,976 SF
Building Class
C
Year Built
1925
Price
$650,000
Price Per SF
$328.95
Business Value
$300,000
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.25 AC
Zoning
H - Designated neighborhood shopping centers complemented by higher density residential development.
Parking
10 Spaces (5.06 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Mezzanine
- Signage
- Signalized Intersection
- Waterfront
- Roof Terrace
- Balcony
- Smoke Detector
- Awning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 4400-077.001-0001-030.000-0000 | Improvements Assessment | $40,000 |
| Land Assessment | $45,000 | Total Assessment | $85,000 |
Property Taxes
Parcel Number
4400-077.001-0001-030.000-0000
Land Assessment
$45,000
Improvements Assessment
$40,000
Total Assessment
$85,000
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Presented by
Bluebird Wine LLC
Bluebird Wine & Spirits | 5059 US Highway 209
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