CCertihomes
850 Main Street, Middletown, NY 12455

$434,000

0 beds 0 baths 2,064 sqft Built 1950192 days on marketActive

About this home

Situated in the heart of downtown Margaretville, NY, this meticulously renovated 2, 064 sq. ft. building presents a rare opportunity to own a thriving bar and versatile retail space in the scenic Catskill Mountains. The much-loved Zada’s, a hip French-inspired bar with classic Art Deco accents, anchors the property. Situated in a spacious stucco and exposed wood space, Zada’s has become a beloved destination for locals and visitors alike. The property also features a retail space, currently occupied by The Studio Upstate, an upscale personal training gym with a loyal clientele. This tenancy provides an immediate income stream for the new owner, making it an attractive investment opportunity. The large main, bar space can also be split into multiple retail spaces, offering endless possibilities—ideal for retail, art galleries, creative studios, wellness concepts or plant nursery with the concrete slab floor, spacious garage and outdoor space. Outdoor amenities add even more potential. The 100' x 35' private yard is perfect for al fresco events, dining, or gatherings. An additional 600 sq. ft. unfinished garage with 13-foot ceilings, directly accessible from the yard, offers additional flexibility and can be easily transformed into an outdoor kitchen or other creative space, enhancing the property’s usability for events or hospitality ventures. Located just 2.5 hours from NYC and directly on the Trailways Bus route from Manhattan, Margaretville is a year-round destination offering the perfect mix of small-town charm and cultural vibrancy. The town is a gateway to the Catskills’ best hiking, skiing, and fly-fishing spots, including nearby Belleayre and Plattekill Mountains for winter sports and the East Branch of the Delaware River for summer paddling. It has also become a culinary and cultural hub, boasting a growing arts and live music scene complemented by an eclectic mix of local businesses, cafes, and galleries. Whether you’re seeking to own a business, expand your investment portfolio, or bring a new vision to life, this versatile, turnkey space has it all.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,147/mo

Real estate (PITI + HOA + PMI)
$3,514
Principal + interest$2,785
Property tax + insurance$566
PMI / 2nd mortgage$163
Utilities
$1,412
Heating + cooling$558
Internet + TV + phone$130
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$130
$4,147/mo TLC
Budget$5,000/mo
Remaining after TLC$853/mo
Purchase price
$434,000
Down payment
$21,700 (5%)
Loan amount
$412,300
APR
7.15%

Quick facts

Type
Commercial
Style
Year built
1950
Lot size
0.22 ac
Stories
1
Heating
Propane, Baseboard, WallFurnace
Cooling
Water
Public
HOA
Annual tax
$1,119
MLS #
R1585545
County
Delaware

At a glance

Garage
Waterfront

Home features

Exterior
PropaneTankLeased
Parking
DrivewayOnSite
Flooring
Concrete
Roof
Asphalt
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 12455

MetricThis ZIPCountyUSA
Population2,33719,351,094299,088,112
Population Change Since19900.00%8.00%20.00%
Population Density33395
Male1,1539,381,926147,432,321
Female1,1849,969,168151,655,844
Never Married4444,946,39163,775,926
Married1,0397,166,701123,120,365
Separated1311,159,67312,639,686
Widowed1401,110,24515,467,586
Divorced2161,210,44823,075,029
Number Of House Hold9347,102,016111,826,380
Average House Hold Size2.472.642.60
Medial Age44.6336.5335.46
Median House Hold Income$36,388$49,847$48,276
Average House Hold Income$49,541$70,032$63,629
P C I$19,991$26,569$24,529
M D I$32,028$42,210$41,133
A T H E$43,431$54,185$50,898
S T R8.00%4.00%
W C J79.97%81.55%77.74%
(Zip) Code
12455

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 2/1/2025. Provided courtesy of Keller Williams Upstate NY Properties via Buffalo MLS. Information deemed reliable but not guaranteed.

850 Main Street · Middletown — $434,000 · Certihomes