This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

97 Abeel St

3,200 SF 100% Leased Retail Building Kingston, NY 12401 £552,217 (£173/SF)

Investment Highlights

  • Iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area.
  • The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout
  • Fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment.
  • A turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space
  • Ideal for investors or those looking to owner-occupy a downtown property

Executive Summary

97 Abeel Street, an iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area. This exceptional property offers an unparalleled investment opportunity, featuring three robust income streams: a turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space, the two apartments are upstairs. The beautiful brick building has been a cornerstone of the community for years, providing a vibrant and inviting atmosphere right next to art galleries, vintage shops, and other well-known establishments. The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout with the newly reopened Wurtz Street bridge nearby. Ideal for investors or those looking to owner-occupy a downtown property, 97 Abeel Street presents a unique chance to capitalize on the bustling foot traffic and vibrant energy of the Rondout location. The restaurant's well-designed floorplan ensures a smooth flow for both indoor and outdoor dining, with easy access for servers through a connecting back breezeway. With its fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment. Don't miss out on this amazing opportunity to own a piece of Kingston's historic downtown - a perfect blend of charm, convenience, and potential. Accessible driveway for apartment off W Union St as property extends. Also presents as a future work live scenario or to eventually become a Restaurateur. There is an additional contiguous lot that can be purchased with sale - this just adds to the appeal and possibilities.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,200 SF
Building Class
C
Year Built
1960
Price
£552,217
Price Per SF
£173
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.52
Land Acres
0.14 AC
Opportunity Zone
Yes
Zoning
R-1
Parking
4 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
49 ft on Abeel St

Amenities

  • Courtyard
  • Storage Space
  • Balcony
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0800-056.043-0002-031.000-0000
Land Assessment
£31,600
Improvements Assessment
£123,242
Total Assessment
£154,842
  • Listing ID: 32891776

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 97 Abeel St, Kingston, NY 12401

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}