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23 E Market Street, Red Hook, NY 12571

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For Sale
Sale Pending

$1,599,000

9,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $177.67
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This historic Red Hook landmark is a premier Hudson Valley investment - 23 E Market St. is a cornerstone property occupying a 1/4 acre in Red Hook Village's charming General Business District - a unique offering of nearly 10,000 sq ft of versatile space that combines historic character with proven commercial viability. Charlie-O's restaurant, currently operating as Red Hook's go-to for a burger or wings, can accommodate 200+ patrons. Always meticulously kept, Charlie O's now features a new enclosed dining area and outdoor patio seating. This long-established business provides immediate income. In the building's historic Theatre, the original location of the Lyceum, architectural details transport you to a bygone era with pressed-tin ceilings, original wood floors, an elegant balcony and ornate chandeliers. With Dutchess County's reputation as a cultural destination, this space is primed for revival as a theater, but its versatility invites countless other possibilities: think apparel boutique, furniture showroom, yoga studio, event space or restaurant. Build a niche business that fits in with Red Hook's elevated agrarian vibe! Descend to the lower level and discover an authentic Prohibition-era speakeasy. This space accommodates 80 guests beneath original tin ceilings - drinks are served from a vintage bar. Brimming with character and history, this space is poised to become the upstate destination for craft cocktail enthusiasts, intimate performances, or exclusive events. Located in the heart of Red Hook, the property sits amid a mix of restaurants, shops, and local businesses. Ample street parking just steps away from the building's entrances ensure easy access for customers. This location offers proximity to Rhinebeck, Bard College, and the Taconic State Parkway, placing it just 2 hours from Manhattan. This investment combines commercial and residential potential with historic significance in one of the Hudson Valley's most appealing communities.
MLS# 20250900

Courtesy Of Coldwell Banker Village Green Realty

(845) 331-5357

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Disabled Access
  • Appliances
    Refrigerator, Microwave, Ice Maker, Dishwasher
  • Cooling System
    Ceiling Fan(s)
  • Floor Covering
    Wood, Concrete
  • Heating System
    Forced Air
  • Lot Size
    0.25 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 23 E Market Street, Red Hook, NY 12571

Home seller CENTURY 21 Full Service Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Full Service Realty

(845) 639-1234
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.