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Off market
  • $777,700

    49 Main St, Phoenicia, NY 12464

    0beds
    0baths
    3,500sqft
    SingleFamily
    Built in 1940
    0.27 Acres Lot
    $777,700 Zestimate®
    $222/sqft
    $2,620 Estimated rent

    Home value

    $777,700

    $645,000 - $933,000

    $2,620/mo

    Zestimate® history
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    $2,620/mo

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    $2,620/mo

    Rent Zestimate®

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    $5,180/mo

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    $5,180/mo

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    What's special

    One of the most beloved and successful restaurants in the Catskills and Hudson Valley is ready for its next owner. In business for over 3 decades through good economies and bad, Sweet Sue's has remained a steady money maker and brunch destination for locals and tourists year round. World famous pancakes, among other delights have attracted a global following. The main floor of the building houses an ample commercial kitchen with walk-in cooler, Ansel system and exhaust systems, refrigeration, prep and dishwashing areas plus two separate dining rooms with a total of approximately 100 seats. The outdoor patio seats an additional 50. Each Dining room has separate heat, bathroom, window/display space and street entry if one wanted to rent half or both sides independently. Two apartments on the 2nd floor provide steady rental income. The possibilities are endless for a new owner to expand this business in many directions. Historically open only 4 days a week and only for brunch, one could remain with a comfortable income at this level or add days, hours, expanded takeout, add retail or private events. Upstairs tenants are currently month to month and those units could be used for long or short term rental income, owner occupancy or expanded business use. Is it time to move your business upstate or create a new one if you are already here? Phoenicia is one of the BEST small towns in the Hudson Valley. Gateway to the Western Catskills, and close to 3 ski resorts. Close to Woodstock, 2 hours from the GWB and a beautiful place to call home. Although already brimming with tourists and second homeowners, the desire for a year round place in the country with some space and room to breathe has brought a new wave of full time residents to the area who will want to call 49 Main St. their favorite spot in Phoenicia. Whichever business direction you choose to take, there will be residual business from many who return from afar year after year. A solid investment for any endeavor.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 3,500 sqft

    Property

    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 5150001413142

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Phoenicia

    Financial & listing details

    • Price per square foot: $222/sqft
    • Tax assessed value: $464,286

    Price history

    DateEventPrice
    3/12/2021Sold$660,000-5.6%$189/sqft
    Source: Public Record Report a problem
    12/10/2020Listing removed$699,000$200/sqft
    Source: Coldwell Banker Village Green #20202847 Report a problem
    11/19/2020Pending sale$699,000$200/sqft
    Source: Coldwell Banker Village Green #20202847 Report a problem
    7/27/2020Listed for sale$699,000$200/sqft
    Source: Coldwell Banker Village Green #20202847 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $65,000
    2024-- $65,000 +8.3%
    2023-- $60,000 +33.3%
    2022-- $45,000
    2021-- $45,000
    2020-- $45,000
    2019-- $45,000
    2018-- $45,000
    2017$4,051 $45,000
    2016-- $45,000
    2015-- $45,000
    2014-- $45,000
    Find assessor info on the county website

    Neighborhood: 12464

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: ONTEORA CENTRAL

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.