$2,999,500
( $401.22Per Sq Foot )
 $16,102 est/mo Sourced by Back At You

3 Main Street,New Paltz, NY 12561

New Paltz, NY 12561

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Description

Welcome to one of the Hudson Valley’s most iconic and high-traffic destinationshome 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 estateit 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 evolvingand 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 spacesmaking 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 propertyit 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.

Details

MLS #967284
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Days On Site170
Listing Provided ByKeller Williams Realty | Nikki A Grzegorzewski

Features

SQ Feet7,476
Story(s)2
Building(s)1
Acreage2.03
Golf CourseYes
Water FrontYes

Interior

CoolingCentral Air, Wall/Window Unit(s)
HeatingForced Air, Propane

Exterior

Security FeaturesBuilding Security
Construction MaterialsAdvanced Framing Technique
Foundation DetailsBlock
Lot FeaturesCorner Lot, Front Yard, Landscaped, Level, Near Golf Course, Near Public Transit, Split Possible, Views

Parking

Parking FeaturesCommon, Driveway, Off Street, Private, Valet

Utilities

UtilitiesNone
SewerPublic Sewer

Taxes

Tax Year2024
Tax Assessed Value1074000
Tax Annual Amount44937.25

Area Information

StateNY
CountyUlster County
CityNew Paltz
Zip Code12561
Listing VS Median (in 12561)
Price:
$2,999,500
low | high
Med:
$525,000
100% of Average
sqft:
7,476
low | high
Med:
2,352
100% of Average
$ / sqft:
$401
low | high
Med:
$223
94.36572762127% of Average
On site:
170
low | high
Med:
88
100% of Average
Sourced by Back At You

Market Activity 12561

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Learn More About This Property

StateNY
CountyUlster County
CityNew Paltz
Zip Code12561
Listing VS Median (in 12561)
Price:
$2,999,500
low | high
Med:
$525,000
100% of Average
sqft:
7,476
low | high
Med:
2,352
100% of Average
$ / sqft:
$401
low | high
Med:
$223
94.36572762127% of Average
On site:
170
low | high
Med:
88
100% of Average
Sourced by Back At You
Listing Updated: August 12, 2026 at 11:57:28 AM PDT