97 Abeel St
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
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)
PROPERTY TAXES
Parcel Number | 0800-056.043-0002-031.000-0000 | Improvements Assessment | £123,242 |
Land Assessment | £31,600 | Total Assessment | £154,842 |
PROPERTY TAXES
Parcel Number
0800-056.043-0002-031.000-0000
Land Assessment
£31,600
Improvements Assessment
£123,242
Total Assessment
£154,842
1 of 48
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
97 Abeel St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.