Situated in the heart of downtown Margaretville, NY, this meticulously renovated 2,064 sq. ft. building presents a rare opportunity to own a thriving bar and versatile retail space in the scenic Catskill Mountains. The much-loved Zada’s, a hip French-inspired bar with classic Art Deco accents, anchors the property. Situated in a spacious stucco and exposed wood space, Zada’s has become a beloved destination for locals and visitors alike. The property also features a retail space, currently occupied by The Studio Upstate, an upscale personal training gym with a loyal clientele. This tenancy provides an immediate income stream for the new owner, making it an attractive investment opportunity. The large main, bar space can also be split into multiple retail spaces, offering endless possibilities—ideal for retail, art galleries, creative studios, wellness concepts or plant nursery with the concrete slab floor, spacious garage and outdoor space. Outdoor amenities add even more potential. The 100' x 35' private yard is perfect for al fresco events, dining, or gatherings. An additional 600 sq. ft. unfinished garage with 13-foot ceilings, directly accessible from the yard, offers additional flexibility and can be easily transformed into an outdoor kitchen or other creative space, enhancing the property’s usability for events or hospitality ventures. Located just 2.5 hours from NYC and directly on the Trailways Bus route from Manhattan, Margaretville is a year-round destination offering the perfect mix of small-town charm and cultural vibrancy. The town is a gateway to the Catskills’ best hiking, skiing, and fly-fishing spots, including nearby Belleayre and Plattekill Mountains for winter sports and the East Branch of the Delaware River for summer paddling. It has also become a culinary and cultural hub, boasting a growing arts and live music scene complemented by an eclectic mix of local businesses, cafes, and galleries. Whether you’re seeking to own a business, expand your investment portfolio, or bring a new vision to life, this versatile, turnkey space has it all.
OPPORTUNITY TO PURCHASE 1998 MIXED USE BLDG ON 5 ACS WITH POST OFFICE RENTAL: First rental expires 7/1/28, with (2) 5 year options, each with a 10 per cent escalation clause. The 1200 sq ft building has a separate door with stairs leading to the second floor with 600 sq ft of unfinished space which can be finished to your liking. The owner put a new roof on the buildig in 2024. There is also a 4000 sq ft paved parking area for the tenant. The Bataviakill Stream runs through the property, and the mowed meadow is fairly flat with a gently sloping area to the back. Easily could park an RV, tiny home or perhaps build another structure. Beautiful panoramic views, and convenient to Margaretville or Roxbury, hiking, fishing (in your own stream), near skiing or paddling (in the nearby Pepacton Reservoir). It's a great option to get income, while you enjoy your property--financials provided to qualified buyers.
Fantastic opportunity on Main Street Margaretville - over 8700 square feet of income-producing space! A building with a VIBRANT HISTORY, it was home to the first A&P food market, the Catskill Mountain News, a feed store, and the Post Office, just to name a few! Formerly an E-Center created by the Catskill Development Fdt, its first floor currently houses BLOOM, a very popular fabric/quilting store with beautifully appointed accommodations for their many retreats (business not for sale). POTENTIAL ABOUNDS on the second floor! Framing, electric panels, large new windows and most of the plumbing is in place for three APARTMENTS/OFFICES. The third floor is the big secret. It was the Masonic Hall, circa 1855, and still retains its pomp and allure. It includes a huge gathering space with a podium, lots of storage, an expansive dining room, plus a small kitchen. The original details are mesmerizing: tall paneled wooden doors with brass hinges and door knobs, stained glass windows, and the best one - the original tin ceiling! This building has too many possibilities to count. Bring your imagination and your business acumen to this thriving Catskills village!
The median home value in Margaretville, NY is $325,000. This is higher than the county median home value of $203,300. The national median home value is $338,100. The average price of homes sold in Margaretville, NY is $325,000. Approximately 37.1% of Margaretville homes are owned, compared to 30.71% rented, while 32.19% are vacant. Margaretville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Margaretville real estate agent to arrange a tour today!
Margaretville, New York has a population of 671. Margaretville is more family-centric than the surrounding county with 38.67% of the households containing married families with children. The county average for households married with children is 21.88%.
The median household income in Margaretville, New York is $34,922. The median household income for the surrounding county is $52,757 compared to the national median of $69,021. The median age of people living in Margaretville is 47.9 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 45.1 inches per year, with 58.9 inches of snow per year.