Investment Overview
Renovated Cash-Flowing Asset with Value-Add Upside in the Floors Above Its Culinary Anchor: This handsomely restored historic building in Beacon's mid-Main Street pairs a spectacular, fully renovated ground floor-restaurant venue and two walk-up floors, previously used as SROs. The restaurant, renowned for its stand-out food and welcoming vibe, comes with a long-term NNN lease from the seller who will continue to operate the restaurant. Above, the two floors offer a blank canvas for apartments, lodging, STRs, hotel-style micro-units, or other commercial multi-tenant/shared space concepts. The property's corner location delivers unmatched visibility and walkability to all points of interest, arts and culture, plus proximity to the Metro‑North Station. An excellent opportunity to acquire a renovated, cash-flowing property with a proven culinary anchor and presenting redevelopment value on the floors above.
Investment Highlights
- Central, highly visible, walkable location in Beacon's strong commercial corridor
- A long‑term lease at $15,500 per month NNN
- A historic building with clear capacity to be scaled into a high‑performing asset