42287 State Hway 28, Margaretville, 12455 | $699,900Add to Favorite

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42287 State Hway 28
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0.32 Acres

$699,900 4,800 SQ. Feet

Commercial/IndustrialMLS #2020075123 Days

Check out this Amazing Restaurant and retail opportunity right on Rte 28 in Arkville, just east of Margaretville. This building was redesigned and rebuilt lovingly by the current owners and they named the business the "Crazy River Cafe and Delicatessen". This is absolutely one of the most modern, cleanest and best maintained restaurant that I have ever had the pleasure of eating in. The wonderful water view and waterside dining on the outside deck as well as picnic tables along the river during the summer months. This attracts a steady client of both locals and second home owners that really appreciate the open floor plan of the main dining area that is flooded with natural light as well as visitors just going for a ride in the country. The county records list the size of the lot as .32 acres when in reality it is over .8 acres as it reaches to the center of the East branch of the Delaware river below. The custom and modern architecturally designed building sits high above the bucolic "Crazy River" and needs no flood insurance. This location is amazing for any commercial venture with thousands of cars going by the front door daily. The Margaretville Hospital is almost across the street and the Meadow Golf Course is just a few doors down. The Trailways Bus Line goes right past the front door and provides convenient travel to Andes, Delhi, Oneonta, Fleischmanns, Phoenicia, Woodstock, and Kingston to NYC. The restaurant currently sits 54 with enough room for many more. The deck can do 14 or more with an additional 18 at the picnic table during good weather. The restaurant has been only operating for breakfast and lunch since inception. In adding dinners and possibly a beer & wine, or a full liquor license, there is limitless income and growth potential. The lower level could draw rent of around $1,600-$2,000 per month.

Essential Information

  • MLS® #20200751
  • Price$699,900
  • Square Footage4,800
  • Acres0.32
  • Year Built1995
  • TypeCommercial/Industrial
  • Sub-TypeMixed Use
  • StatusACTIVE

Interior

  • HeatingBASEBOARD, HOT WATER
  • CoolingWALL UNIT

Additional Information

  • ZoningHway Comm

Community Information

  • Address42287 State Hway 28
  • AreaOOC - DELAWARE
  • SubdivisionMARGARETVILLE
  • CityMargaretville
  • CountyDelaware County
  • StateNY
  • Zip Code12455

Exterior

  • Lot DescriptionSLOPE-MODERATE
  • ConstructionFRAME/STICK, ALUMINUM, STEEL

Listing Details

  • Listing AgentWilliam St John
  • Listing OfficeHalter Associates Realty

Amenities

  • FeaturesDISPLAY WINDOW, PATIO/DECKS, PUBLIC BATHROOMS, SECURITY SYSTEM, SIGNS OWNED, SMOKE DETECTORS, HANDICAP ACCESS, PRIVATE RESTROOMS, SECURITY LIGHT(S), STORAGE AREA, DOORS UNDER 10FT
  • ParkingLOT-PAVED, OFF STREET
  • GaragesN

School Information

  • DistrictMargaretville Central Schools
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