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Zada's 850 Main St
2,064 SF Retail Building Margaretville, NY 12455 £410,786 (£199/SF) 9% Net Initial Yield
Investment Highlights
- main street frontage, outdoor space
- retail space available to rent plus other expansion opportunity
- new kitchen
Executive Summary
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Restaurant
About 850 Main St , Margaretville, NY 12455
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 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 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!
PROPERTY TAXES
| Parcel Number | 124603-306-007-0007-008-000 | Total Assessment | £87,634 |
| Land Assessment | £16,275 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £71,359 | Tax Year | 2023 |
PROPERTY TAXES
Presented by
Upstate Curious Team
Zada's | 850 Main St
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