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28369 State Highway 206, Downsville, NY 13755

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For Sale

$369,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

Explore this Property

Prime Commercial Property in Thriving Catskills Location Seize this rare opportunity to own a grand, highly visible commercial building at the intersection of two well-traveled state highways. Nestled in an up-and-coming Catskills community, this solidly built structure has been a cornerstone of the town's commercial district for decades. Spanning nearly 5,000 square feet, the building boasts a spacious open-concept lower level, ideal for a restaurant, brewery, retail space, or any business venture-with no zoning restrictions, the possibilities are endless! The lower level currently houses an antique shop and features a full kitchen, two bathrooms, and soaring 12-foot ceilings (easily restorable from the current drop ceiling). The upper floor, accessible via two staircases, is in the process of being renovated to restore two income-generating apartments. Additionally, a 700+ square foot storage space adds further functionality. A massive 2,000-square-foot basement with both interior and exterior access completes the property, offering additional storage or expansion potential. The building has already seen key infrastructure upgrades, including a modernized septic system, updated electrical, and municipal water service.A new metal roof and exterior paint have just been completed. Located just two hours from New York City in one of New York State's lowest-taxed towns, this property is a prime investment opportunity in a growing area. Whether you're an entrepreneur, investor, or business owner, this is your chance to shape the future of this landmark property. Don't miss out-schedule a showing today!
MLS# 11439627

Courtesy Of UPPER DELAWARE REAL ESTATE

(607) 363-2008

Property Features

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Map and Directions

Directions to 28369 State Highway 206, Downsville, NY 13755

Home seller CENTURY 21 Country 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 Country Realty

(845) 791-5280
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.

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