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5059 U.S. 209, Accord, NY, 12404 | $700,000
Located in the heart of Accord along highly visible Route 209 between Kerhonkson and Stone Ridge, this rare mixed-use offering includes both the real estate and the established Bluebird Wine & Spirits business. With steady daily traffic and community presence, the property offers exceptional visibility, consistent income, and built-in goodwill.
Bluebird Wine & Spirits has operated at this location since 2020, serving a loyal customer base of locals and area visitors alike. The site itself has housed a liquor store since the 1940s, underscoring its longstanding commercial presence and proven viability. Today, the business continues to generate strong income and remains a go-to stop also benefiting from its prime positioning near Accord Market, drawing shoppers who pair specialty groceries with a bottle for dinner or a weekend gathering.
The surrounding corridor is poised for continued growth, with the upcoming Granary redevelopment in Accord, planned as a hotel, restaurant, and community hub, and the 1 Hotels & Homes development approximately 15 minutes away in Rosendale, both expected to further energize the area.
The building features ground-floor retail and a second-floor studio apartment with a private deck overlooking the Rondout Creek. The retail level is currently configured as two separate storefront spaces with individual entrances which can be combined to nearly double the footprint of the wine shop. Use as two separate retail units would require town approval. The property also includes a full basement providing ample storage.
Recent improvements over the past five years include a new roof, new water heater, wood flooring in the smaller retail space, and updates to the residential studio.
Taking advantage of this opportunity now could allow a new owner to begin the NYS Liquor Authority approval process and potentially open in time to capture the area's busy season. This is a rare chance to acquire a thriving and turnkey business with an established liquor license, along with the underlying real estate, in one of Ulster County's most desirable and evolving corridors.
Features
- Units: 2
- Year Built: 1925
- Heating: Hot Water, Propane, Radiant
- Cooling: Window Unit(s)
- Basement: Unfinished, Walk-Out Access
- Acreage: 0.25
- Est. Taxes: $2,293
- View: Creek/Stream
- Water Front: Yes
- School District: Rondout Valley Central
- Appliances: Free-Standing Gas Range, Refrigerator, Water Heater
- MLS#: 20260900
- Days on Market: 45 days
- Website: https://www.raveis.com
/prop/20260900/5059us209_accord_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills RegionListing courtesy of Compass Greater New York, LLC
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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
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5059 U.S. 209, Accord, NY, 12404
$700,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $191 | $191 | $191 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,268 | $3,403 | $4,539 |
| Total Monthly Payment | $3,551 | $3,686 | $4,822 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535