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Town - 21 South Water Street
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Asking Price: $2,950,000
Original Price: $3,150,000 Type: Commercial
Lot Size (Acres): 0.04 Sq. Ft. (GLA): 2400
Total Rooms: 5 LINK ID: 85215
Beds/Baths: 0/0 Status: Available
Furnished: Partially Furnished Owner: Water Street Investors, LLC
Prime location!!! Currently functioning as a full-service restaurant and bar this building received many thoughtful renovations in 2015 including a new bar, whitewashed brick facade wall, upstairs loft dining with view down to lower lounge area and updated bathrooms. The building was inspected and approved for a 85-person capacity. There are two kitchens, one on each level, as well as a 'take-out' window. All kitchen equipment is included in the sale, as well as most of the restaurant decor excluding artwork and some antique furniture pieces. This is an excellent opportunity to own a great downtown commercial space!
Property / Parcel Info
Map: 4242
Parcel: 102
Zoning: CDT
Plan: Plan Book 23, Page 40
Deed Ref.: Bk. 01467, Pg. 0010
Lot #: 2
Water: Town
Sewer: Town
Easements: None known.
Water Frontage: None
Water Views: None
Other Views: Town
Lead Paint: Unknown
Second Dwelling: None
Taxes and Fees
Assessment Year: 2019
Land Assessment: $1,856,500
Building Assessment: $681,400
Total Assessment: $2,537,900
Estimated Taxes: $14,290.00
Building Information
Year Built: 1925
Year Renovated: 2015
# of Rooms: 5
Total # of Bedrooms 0
First Floor Bedrooms: 0
# of Full Bathrooms 0
Half Baths 2
Fireplaces: 0
Floors: Tile/Carpet
Heat: Other
Yard: None
Parking: None
Other Buildings:
Outdoor Spaces/Recreation: None
Appliances & Other Amenities
Stove: Yes
Refrigerator: Yes
Dishwasher: Yes
Washer: No
Dryer: No
TV Service Type: Cable
Amenities: Alarm, Insulation
Listing Firm
Listing Firm: Berkshire Hathaway HomeServices Island Properties
Descriptions / Comments
1st Floor: Main entry off South Water Street to bar/lounge area. Straight back to a bathroom, service area and kitchen entry. Door off the back to loading dock as well as back staircase to the upstairs kitchen area and office/storage space. Bar seating for 14 as well as additional high-top lounge tables. There is an additional 'side-entrance' at the front of the building that is by the 'take-out' window.
2nd Floor: Stairs up to formal dining room with view over to the lounge area. Towards the back there is an additional bathroom as well as access to the second floor kitchen. The office space has ladder up to attic storage.
3rd Floor:
Other Structures:
Second Dwelling:
Listing has been viewed 1195 times.
 DocumentDate Added
Other Public (pdf, jpg)11/29/2018
Plot Plan (pdf, jpg)11/27/2018
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Price Changes
Original Asking: 3,150,000
  1. 1/24/2020-$2,950,000- -6.35 %
Discount From Original: 6.35 %
Listing Updates
11/29/2018-New Listing
7/8/2019-Off Market
7/11/2019-Return To Market
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