22 Cottage Street, Middletown, NY, 10940 | $3,000,000

"ALERT"--CLASSIC ICONIC LOCATION featuring the Clemson Bros. Brewery in Middletown, NY, a craft brewery and restaurant rooted in local history, located in a renovated 19th-century hacksaw factory. Beyond its industrial-chic taproom, it features an expansive beer garden, a full food menu, live entertainment, and an onsite axe-throwing venue, a 7, 500-square-foot outdoor space with a stone facade and red-brick patio is available during warmer months for drinking, dining, and private parties, and the venue includes a main taproom, a banquet room for indoor events, and "The Zone, " a separate entertainment area. In addition to the 24000sf of creative entertaining spaces, this fully renovated landmark building has 5 residential apartments utilizing the same unique design elements and plenty of public parking for all size events. The brewery regularly hosts live music from local bands, DJ nights, trivia, and seasonal events. Axe throwing: "The Zone @ Clemson" offers an onsite axe-throwing facility with dedicated lanes and regular cornhole leagues. Private events: The brewery offers full-service event hosting for weddings, parties, and corporate gatherings. This is an unbelievable opportunity for the entrepreneur who either has dreamed of owning their own business of this type, needs to augment their existing holdings or wants to reimagine the concept and make it their own. This is a successful business, fully operational with bookings well into 2026. In addition to the business and venue, the adjoining property is for sale (MLS 906087) with over 43, 000SF of warehouse, parking lot and multiple development possibilities that can add to the value of this property. Be part of Middletown's renaissance and create the next vibe for the city.

Features

  • Property Type: Business
  • Construction: Block, Brick, Frame
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Natural Gas
  • Cooling: Central Air
  • Units: 6
  • Est. Taxes: $64,000
  • MLS#: 906495
  • Days on Market: 215 days
  • Website: https://www.raveis.com
    /prop/906495/22cottagestreet_middletown_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Boston Northwest   Phone: 845-928-8000

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

22 Cottage Street, Middletown, NY, 10940

$3,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,400,000 $2,400,000 $2,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment $5,333 $5,333 $5,333
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,253 $14,389 $19,930
Total Monthly Payment $18,711 $19,847 $25,388

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.