115-117 Canal Street Ellenville, NY $ 350,000
115-117 Canal Street
$ 350,000
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115-117 Canal Street

Ellenville, NY, 12428
$ 350,000
Baths0.0 Sq 2,209

Monthly Estimate*

$ 2,445

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Studio

Commercial Property for sale in Ellenville, NY

for $350,000. This 2,209 square foot building was built in 1930 on a lot size of 0.06.

Unique commercial opportunity on Canal Street in Ellenville. Be a part of this up and coming town’s revival, and join in Ulster County’s meteoric rise as a prime destination for new residents, second home owners and investors. Join in Ellenville’s rise alongside recent successes like Morning Sunshine Market and Love Velma. The Borscht Belt Museum across the street is already planning to call back to the glory days of this scenic area between the Catskills and the Gunks. 115-117 Canal St offers two commercial spaces under one roof. First, a gutted and updated bar space. This approximately 715 square foot space is a blank slate, with new hot water heater, heat pump, grease trap and bar. The window boxes have been framed out for seating, and the rest remains ready for your design vision to come to life. Perfect for a cocktail or wine bar, coffee shop or retail, this space is ready for renovation. Next door, the second space is a 1486 square foot restaurant and catering kitchen, currently occupied by Sammy Brown’s Walk Away Cafe. The space is divided into a storefront and massive prep and storage space. The current lease runs to December 2025, so there is an opportunity to keep a steady tenant, or reimagine this space into a full service restaurant, catering hall, or other commercial space. Ellenville’s Canal Street is just minutes away from some of Ulster County’s hottest new neighborhoods and attractions, and the restaurant scene is booming. The Rondout Valley features acclaimed spots like Inness (20 Minutes,) Harana Market, Mill and Main, and Rough Cut Brewing. Major economic developments are planned for the area, including the Cresco Labs Cannabis facility, boasting 375 new local jobs, and the renewal of the Nevele Grand Resort. Owner Financing Available, Restaurant equipment in Sammy Brown’s does not convey.

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Commercial Active

Price

$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,350

Style

Business

Lot Size

0.06

Year Built

1930

Town/City

Ellenville

County/Region

Ulster

MLS | Web ID

20240687

Features
General
Sewer Public Sewer
Heating Electric Heat Pump Hot Water Space Heater Other See Remarks
Cooling Heat Pump
Appliances Water Heater Electric Water Heater
Zoning B-1 Business
Construction Materials Brick Stone
Year Built 1930
Tenant Pays All Utilities
Property SubType Business
Gross Income 750.0
Business Type Restaurant
Property Type Commercial Sale
Building Features Private Restroom(s) Kitchen Facilities Public Restroom(s) Storage
Status Active
City Ellenville
Buyer Agent Compensation 2.50
View Y/N N
Total Units 2
MLS Area Ellenville-Vlg
Lot Size Square Feet 2613.6
Waterfront Y/N N
Carport Y/N N
Street Name Canal
Land Lease Y/N N
Tax Annual Amount 3350.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ellenville-Vlg
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 105000
Tax Lot 11
Buyer Agent Compensation Type %
Legal Description 11 4 115-117 Canal
Senior Community None
New Construction None
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Interior
Basement Full
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Street
Total Baths 0
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Exterior
Lot Size Area 0.06
Building Area Total 2209.0
Lot Dimensions .06 Acres
Lot Size Acres 0.06
Lot Size Units Acres
Road Frontage Type City Street
Open Parking Y/N N
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Internal Only
Street Number 1 115117
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* Excluded Features
List By
Harry McNamara

Listing Agent

Country House Realty, Inc.

Broker

harry@countryhouserealty.com

Email

Affordability Calculator

$2,724
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,445
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2616219 Elementary School
2615966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$350,000 -6.67% Price Down
3/21/2024$375,000 Listed Price

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115-117 Canal Street, Ellenville, NY, 12428 is a Commercial Property for sale at $350,000 with 2,209 sqft and a lot size of 0.06. 115-117 Canal Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 12428 which is in Ellenville, NY