This Retail Property is no longer advertised on LoopNet.com.

654 Main St
Margaretville, NY 12455
Summerfields Restaurant · Retail Property For Sale

Investment Highlights

  • Large open dining area and bar in the main diningroom with high ceilings, Wood stove, split heat/ac system, nastalgic sports memoribilia decorations.
  • Overflow parking of 30-40 cars is available across the street at the church lot. This is walking distance to anywhere in the Village.
  • Large streamside pavilion with propane heaters for year round use for dining and celebrating with a wood fired BBQ, extensive seating and TiKi bar.

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,508 SF
Building Class
B
Year Built/Renovated
1968/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.30 AC
Zoning
Comm - Hamlet commercial allows for almost any commercial uses with site plan approval.
Parking
10 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
100’ on Main Street (Co Rte 3)

Amenities

  • Bus Line
  • Courtyard
  • Restaurant
  • Security System
  • Waterfront
  • Air Conditioning

About 654 MAIN ST , MARGARETVILLE, NY 12455

"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. Social distancing is built in to the design of the restaurant and outside pavilion area. The current owners have lovingly operated and upgraded it with modern amenities plus a wood fired BBQ. 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. All the recreation options you could ever want are nearby: golfing at the Meadow Golf Center; kayaking or fishing in the East Branch of the Delaware River or the Pepacton Reservoir; biking on local roads or at ski centers;s skiing; dining at the waterfront pavilion for an evening BBQ at Sunnifields Bar & Restaurant; shopping till you drop at the famous Arkville Flea Market; picking up wonderful fare at the local seafood shop; celebrating the 4th of July on the ball field behind. Margaretville’s market; camping, boating and fishing at Little Big Pond State Campground. All information is to be verified by buyer’s agent. This is a wonderful cash business with unlimited potential. Seller says it's time to retire. Virtual tour can be seen at https://tours.hudsonvirtualtours.com/public/vtour/display/1606041?a=1#!/ **Seller financing is available with 50% down**..https://tours.hudsonvirtualtours.com/1606041?idx=1

Property Taxes

Property Taxes

Parcel Number
124603-306-007-0009-014-200
Land Assessment
$18,400
Improvements Assessment
$122,500
Total Assessment
$140,900
  • Listing ID: 20289676

  • Date on Market: 7/15/2020

  • Last Updated:

  • Address: 654 Main St, Margaretville, NY 12455

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