Listing Provided by SVN Deegan-Collins Commercial

2 Academy Street, New Paltz

$529,000

3 Beds
1 Baths
1,200 Sqft
½ Acres
2 Garages

Well-cared for, neat as a pin, vacant single family residential house in Village Business B-2 Zone. 1/2 acre rear yard abuts the Strip Center at the corner of Main & N. Chestnut (Gas station, Post Office, Laundromat, Tea Shop, Bank branch, Take-Out) and the Rail Trail. The ranch house has nice wood floors throughout, a living room with wood-burning fireplace, dining room, a utilitarian kitchen, and updated bathroom. All 3 bedrooms are on the small side. Full basement was used as a workshop in past decades. Unfinished attic. The property, so close to the Village's main shopping & dining district, is ideally situated for redevelopment: Permitted uses for Village B-2 zoning are numerous. Among them are apartments above 1st floor, all office uses, retail shops, bakery, beauty salon, grocery, self-service laundry/dry cleaner, takeout restaurants. The following uses are allowed by require a special-use permit: Townhouses, family-type home for adults, bar or tavern, bed-and-breakfast facility, mixed-use buildings, hotel/hostel, indoor commercial sports and recreation, outdoor cafe/restaurant, shared space usage, warehouse and storage facility adjoining a retail business.

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