28369 State Highway 206, Downsville, NY 13755 - Delaware County

Incredible Investment Opportunity in an Up-and-Coming Catskills Area! Perfect for a Tavern, Restaurant, Art Gallery, or More! This grand and highly visible building is located at the crossroads of two well-traveled state highways in the village of Downsville, offering excellent exposure and accessibility. Situated in an up-and-coming area of the Catskills, this property is priced well below similar locations just a few miles south in Sullivan County, making it an exceptional investment opportunity in a region poised for growth. With solid construction and a long-standing history as a commercial centerpiece, this versatile property is ready for its next chapter. Currently operated as an antiques store, it is ideally suited for a restaurant, brewery, gallery, or any other retail or hospitality venture. The building offers nearly 5,000 square feet of flexible space, including a spacious main floor with a ceiling that can be restored to its original 12-foot height, making it perfect for a grand restaurant, bar, or showroom. The main floor also features a full kitchen and two bathrooms. The upper level now used as retail space is currently in the process of being converted into two income-generating apartments, adding tremendous value and revenue potential. This floor also includes a 700+ square foot storage area. Completing the property is a massive 2,000-square-foot basement with both interior and exterior access, which can be used for storage, brewing operations, or other creative purposes. Recent updates include an upgraded septic system, modernized electrical systems, municipal water service, a brand-new metal roof, and fresh exterior painting. Most of the major concerns for a building of this size have already been addressed, making this a turnkey opportunity. Located in one of the lowest-taxed towns in New York State and just over two hours from New York City, this property is perfectly positioned to attract weekend visitors, second-home buyers, and the growing number of tourists discovering the Catskills. This is a rare opportunity to secure a high-potential property in a dynamic, growing area. Don't miss your chance to bring your vision to life in this prime location. Schedule a showing today to explore all the possibilities!

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