This is the ultimate multi-use commercial & residential investment property in the General Business District of the Village of Red Hook. The complex includes a fully operational successful restaurant - Charlie O's, available for separate purchase, a lower level event space dating back to the prohibition era - The Speakeasy, 2 rented commercial storefronts, and a 1 BR and 2 BR residential apartment. The large, airy restaurant & bar is immaculate and turnkey. The 'secret' Speakeasy is a unique and evocative environment, with original pressed-tin ceilings, and a hipster-meets-history vibe. The lofty main storefront, originally a vaudeville house, and formerly The Lyceum Cinema, also features pressed-tin ceilings, wood floors, a balcony, and chandeliers. The adjacent freestanding storefront has the 2 apartments above. Also included is a .16 acre buildable lot currently used as dedicated off-street parking for 20+ cars, and there's an on-street parking variance for 34 cars. Total rentable space generates annual gross income of $121,200. So many creative possibilities exist in this special property.
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