23 Main Street | Shawangunk
This exceptional mixed-use commercial property in the Hamlet of Wallkill offers a rare investment opportunity combining a fully operational restaurant and bar on the first floor with four fully leased residential apartments above, all situated on a prominent 9,000 square foot corner lot. The building totals approximately 5,210 square feet and was completely renovated in 2016, ensuring modern systems, updated interiors, and a turnkey condition for both business and residential use.\nThe ground floor restaurant features a 20-seat bar and a spacious dining room, complemented by additional bar-top seating that creates a vibrant and inviting atmosphere. The commercial kitchen is fully equipped with an extensive array of professional-grade appliances, including a large walk-in cooler, designed to support efficient, high-volume food preparation. Ample basement storage provides valuable space for inventory and supplies, making operations smooth and well-organized. The restaurant also boasts a large covered front porch and a generous rear deck, both ideal for outdoor seating and seasonal gatherings, enhancing customer capacity and experience.\nThis establishment benefits from a loyal and well-established customer base, supported by an experienced and dedicated team of employees. As one of the few full-service restaurants in the town, it enjoys steady foot traffic, repeat business, and a strong presence in the community, contributing to consistent revenue and operational stability.\nAbove the restaurant, the second and third floors contain four residential apartments, all currently rented to reliable tenants. These units provide stable monthly rental income, complementing the commercial revenue from the restaurant. Each apartment was fully renovated alongside the rest of the building in 2016, featuring updated kitchens, bathrooms, and modern finishes. Separate utilities for each unit allow for straightforward management and billing, while the diverse tenant base adds to the property's strong income profile.\nThe building OneKeyMLS 923800
Directions to property: Take Route 208 to Central Ave. On the corner across from the town park.
