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51 Tinker St

3,360 SF Retail Building Woodstock, NY 12498 £1,408,410 (£419/SF)

Investment Highlights

  • Great visibility and high traffic on Woodstock's main street
  • High ceilings, large windows, plenty of light
  • 2-story Hamlet Commercial building with separate entrance on each floor
  • Currently serving as a popular cafe

Executive Summary

Great visibility and high-volume foot traffic on Woodstock's main street make this iconic, beautifully maintained building the perfect place for a restaurant or business. For decades, cafes in this location, including the much-loved Joshua's, have drawn locals and visitors alike. High ceilings, large windows, and the fantastic corner location provide plenty of light and atmosphere. Zoned HC (Hamlet Commercial), this 2-story building can serve as a restaurant, retail shop, office, nightclub, or hospitality venue, or a combination of the above due to separate entrances (one upper, one lower). The 3360 square-foot space includes a street-level dining room, fully equipped kitchen with walk-in cooler, and waitstaff station, as well as a large open room upstairs that can be used for additional seating or as a wine bar, craft-beer bar, coffee/internet cafe, or dessert spot. The second floor includes a full-service bar, stockroom/prep area, and office with wine and liquor storage. There are two restrooms, one on each floor. Parking options include surrounding streets and a municipal lot directly behind the building. A private driveway/parking area can be used for backdoor deliveries. The building is currently rented and operating as a cafe, with a lease that ends December 2024. (Rental income is $5000/month.) Woodstock has never been livelier. The area's natural beauty and enduring fame continue to draw tourists from around the world, and the recent influx of creatives and remote workers only adds to the area's economy and vibrancy. If owning a commercial building in the heart of one of America's most famous small towns sounds appealing, please call for more details and to arrange a viewing. Owner financing available. Current lessee hopes to stay for three more years and will be paying $7,000/month starting January 1, 2025, Triple Net, Net Income $84,000/year.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,360 SF
Building Class
B
Year Built/Renovated
1950/2021
Price
£1,408,410
Price Per SF
£419
Tenancy
Single
Number of Floors
2
Building FAR
1.57
Lot Size
0.05 AC
Zoning
HC - Hamlet general commercial, allowing most commercial uses: restaurant, retail, office, gallery, etc.
Frontage
50 ft on Tinker Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5800-027.055-0004-028.000-0000
Land Assessment
£28,716
Improvements Assessment
£237,317
Total Assessment
£266,033
  • Listing ID: 28939810

  • Date on Market: 07/07/2023

  • Last Updated:

  • Address: 51 Tinker St, Woodstock, NY 12498

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