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3 Main Street

$2,999,500

Est. $18,719/mo

New Paltz, NY 12561 · Ulster County

Status
Active
On site
197 days

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About this home

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.

Listed with Keller Williams Realty · Nikki A Grzegorzewski · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 4:09 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$18,719.50Total / mo

Estimated Monthly Payment

Principal & interest
$14,774.75 (78.9%)
Taxes
$3,744.75 (20.0%)
Insurance
$200.00 (1.1%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around New Paltz, NY

Current Listings

New in the last 30 days

14

Sep 2026

Average Price

Active listings

$792,974

Sep 2026

Average Days on Market

Active listings

138 days

Sep 2026

Computed from 72 active OneKey MLS listings in New Paltz, NY.

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