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!
Introducing a commercial opportunity in the charming village of Margaretville! This property not only includes a turnkey speakeasy bar business, but also presents potential expansion for indoor/outdoor seating and events in the 672 sq ft garage area and side garden, making it a versatile space for patrons to enjoy. The current owners have already initiated the expansion of the kitchen, setting the stage for a more food focused business.In addition to the wine bar, the adjacent space boasts a recently renovated 700 sq ft white boxed retail area, providing an excellent opportunity for rental income. With the potential to accommodate a variety of businesses, this neighboring space adds further value and flexibility to the property. This unique offering presents a rare chance to invest in a building with multiple revenue streams and room for growth. Don't miss out on this exciting opportunity to become a part of a dynamic and evolving neighborhood scene!
The median home value in Margaretville, NY is $335,000. 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 $335,000. 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.