Hudson NY Bar Restaurant – Owner Financing – fully equipped with strong income history. Exclusive OTB + Lottery $1,000/m. Owners retiring & Motivated. 3300 SF established pub in great location + apartment. Great opportunity for upscale pub in the heart of upper Hudson, includes all equipment, owner financing, make an offer!
Hudson NY Bar Restaurant
Melino’s Pub a longstanding, successful, family owned establishment in Hudson is now ready to turn of the the keys. A block away from Warren Street this location is perfect for the wise investor. All business equipment, business furniture, and numerous televisions for sporting events are included in the sale. There are also terminals for OTB (exclusive rights in Greenport) and NY Lottery ($1,000 monthly income). On the second floor there is a large 3 bedroom apartment.
Hudson NY Bar Restaurant
Hudson New York Real Estate and its famous Warren Street attracts New York City second home owners, retirees and young people seeking the advantages of urban rural life. It has recently been identified by Hudson Valley magazine as one of the 10 top towns in the Hudson Valley.
According to the U. S. Census for 2000, the city has a total area of 2.2 square miles square miles and a population of 7,524 people, 64% white. The median income for a household is $24,279 and the per capita income for the town is $15,759.
Hudson, originally known as “Claverack Landing,” was settled by New England whalers and merchants and was chartered as a city in 1785. The city grew rapidly and by 1790 was the 24th largest city in the United States. As late as 1820, it was the fourth largest city in New York State.
In the late 19th and first half of the 20th century, Hudson became notorious as a center of vice, especially gambling and prostitution, boasting more than 50 bars. In 1951 raids during Governor Dewey’s tenure ended much of the vice. Hudson experienced a steep decline in the 60s and 70s. A group of antiques dealers opened shops, eventually numbering 70, on the city’s main thoroughfare, Warren Street, in the mid-1980s.
History of Hudson New York
Hudson’s recent rise began in the 1980s with an influx of antique dealers. The outstanding housing stock, including many brick buildings of architectural significance helped spur the revival. With skyrocketing housing value on Warren Street and adjoining residential areas many residents of entrepreneurs have realized substantial profits. The City has also attracted a variety of upscale restaurants, boutique hotels, small businesses relocating from metropolitan New York.
Following this business revival, the city experienced a residential revival as well, and is now known for its active arts scene, antiques shops, restaurants, art galleries and nightlife. In recent years Hudson New York real estate values have steadily increased. In the past year these values have jumped considerably.
For more information on Hudson NY Bar Restaurant call 518-392-6400.
For more information on Columbia County Real Estate click here.
For more information on Hudson, NY click here.
- List Date: 9/23/18
- Price: $475,000
- Property ID: 4887
- Town Taxes: 3494
- School Taxes: 3012
- Prop. Class: Commercial
- County: Columbia
- Schools: Hudson
- Contact: David Birch
- Agent Title: Broker
- Cell: 518-928-7239
- Brokerage: Barns & Farms
- Phone: 518-392-6400
- Town: Hudson
- Acreage: 0.05
- Road Type: Town
- Supply: public water
- Disposal: public sewer