3 Main Street, New Paltz, NY, 12561 | $2,999,500

Welcome to one of the Hudson Valley’s most iconic and high-traffic destinations—home to the legendary Clemson Bros. Brewery (formerly The Gilded Otter). Positioned on a prominent 2. 1-acre corner at Main Street and Huguenot Street, this offering represents far more than real estate—it is a fully realized stage for your next flagship venture. Set against sweeping views of the Shawangunk Mountains and just steps from SUNY New Paltz, the property sits at the crossroads of nature, culture, tourism, and community. Restaurateurs, brewers, distillers, hospitality operators, and forward-thinking investors alike will recognize the rarity of anchoring a business in a destination town entering a dynamic new era of growth. New Paltz is evolving—and this site stands at the center of its transformation. Just blocks away, Zero Place has introduced the town’s first mixed-use, net-zero development. Trail Link Collective is emerging as a new hub for outdoor lifestyle and commerce. And The New Paltz Way, a 28-room boutique hotel at 11 Water Street, is poised to elevate the local hospitality experience. Together, these projects are reshaping downtown with a thoughtful blend of sustainability, innovation, and curated design. The property itself offers exceptional visibility and flexibility. Mixed-use zoning allows for residential above retail, boutique commercial space, tasting rooms, expanded hospitality concepts, or even a two-story parking structure to meet increasing demand. Inside, more than 7, 500 square feet of meticulously maintained space pairs with expansive outdoor seating and 72 dedicated parking spaces—making it turnkey for an operator or a compelling canvas for visionary redevelopment. Strategically located just 90 minutes from New York City and Albany, minutes from Exit 18 of the New York State Thruway, and fueled by steady foot traffic from students, hikers, cyclists, tourists, and loyal locals, this address delivers both immediate revenue potential and long-term upside. This is more than a property—it is a legacy location, a proven hospitality environment, and a rare opportunity to secure a cornerstone position in one of the Hudson Valley’s most vibrant and culturally rich communities. The momentum is building. The visibility is unrivaled. The opportunity is here.

Features

  • Property Type: Business
  • Construction: Advanced Framing Technique
  • Utilities: None
  • Parking: 72-car, Common, Driveway, Off Street, Private, Valet
  • Levels: 2
  • Heating: Forced Air, Propane
  • Cooling: Central Air, Wall/Window Unit(s)
  • Acreage: 2.03
  • Est. Taxes: $44,937
  • Lot Desc: Corner Lot, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Split Possible, Views
  • Water Front: Yes
  • MLS#: 967284
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/967284/3mainstreet_newpaltz_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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888.699.8876

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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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3 Main Street, New Paltz, NY, 12561

$2,999,500

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 $2,399,600 $2,399,600 $2,399,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment $3,745 $3,745 $3,745
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,066 $14,195 $19,766
Total Monthly Payment $16,936 $18,065 $23,636

* 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.