Commercial opportunity in the lower Catskills! In the heart of Wawarsing on Route 209 and only 75 minutes from NYC, sits a 3000 sq ft mixed-use space on a well-maintained half acre of land, brimming with endless potential. Once home to the Hudson Valley's gold award-winning Pfalzerbrau, this local craft brewery served as a haven for expert handcrafted beer techniques and a spot for patrons to gather and commune, both nationally and internationally. The property is paved to service the building with ample parking spaces and surrounding privacy fencing. The interior is laid out with multiple rooms for storage, office, and flex space, including an insulated room that was previously used for refrigeration and main tasting room that served as a welcoming taproom and food concessions. There are two full baths and one-half bath as well. From a mechanical standpoint, there are three separate electric meters, 2000 sq ft of warehouse space with 16' ceiling height and a designated utility room with separate 200 AMP service. A new water main to the building was installed in 2023 and serves to compliment water from an existing on-site well. With municipal approvals and permits, this versatile building provides the potential to be a live/work property for those looking to live on site. Pending approvals, one could continue the microbrewery legacy or create an entirely new vision. Come and explore the potential that awaits in this mixed-use opportunity in the beautiful Hudson Valley of Ulster County, NY
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,632 | $3,340 |
Total Monthly Payment | $2,743 | $2,707 | $3,415 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.