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34256301
34256383

31 South Main Street, Liberty, NY 12754

JM
NY 10301205773
KW Commercial Hudson Valley United
MG
NY 10301219733
KW Commercial Hudson Valley United
Listed by KW Commercial Hudson Valley United
$3,900,000
0 days on market
Updated 0 days ago

31 S Main Street Liberty Theatre

Details
APN 112.-5-16
Property Type Retail, Office (+1)
Sub Type Restaurant, Traditional Office (+1)
Square Footage 29,128
Units 6
Occupancy 80%
Tenancy Multi
Year Built 1930
Year Renovated 2025
Buildings 1
Stories 3
Lot Size (SqFt) 15,850
Zoning C - Commercial
Parking Spaces 35 spaces
Parking per 1,000 SqFt 1.20
Investment Type Owner/User
Ground Lease No
Sale Condition N/A

Historic Downtown Landmark Theatre Featuring Income-Producing Commercial Space

Marketing description

The historic Liberty Theatre building, prominently located in the heart of downtown Liberty, presents a rare opportunity to acquire one of Sullivan County's most recognizable landmark properties. Following an extensive restoration and modernization, the property features multiple occupied commercial suites served by elevator access, modern HVAC systems, updated infrastructure, and the iconic Main Street marquee. Current tenants include professional offices, media, real estate, food service, and personal care businesses, providing a diversified income stream.

The property also includes the Liberty Theatre, a partially completed entertainment venue offering significant future upside. The theater currently accommodates approximately 300 seats, with potential expansion to approximately 900 seats subject to sprinkler installation and other improvements. Concession facilities and theater restrooms are in place, while the seller is prepared to provide a credit toward completion or complete the space for a qualified purchaser. Unlike many theater properties, the Liberty Theatre benefits from existing income-producing commercial tenants, providing cash flow while allowing a new owner to complete and activate the venue. This unique combination creates a compelling opportunity for theater operators, investors, and owner-users seeking immediate income and long-term growth. An additional parking lot located across the street may also be included in the sale.

Investment highlights

Historic Downtown Landmark Asset – Iconic Liberty Theatre property prominently located in the heart of downtown Liberty, NY.

Existing Diversified Income Stream – Multiple commercial tenants including professional offices, media, real estate, café, and personal services provide immediate rental income.

Theater Redevelopment Opportunity – Partially completed entertainment venue with approximately 300-seat capacity and potential expansion to approximately 900 seats with additional improvements.

Extensively Renovated Building Infrastructure – Significant restoration completed including elevator access, updated HVAC systems, and modernized building systems.

Unique Value-Add Potential – Opportunity for investors, theater operators, and owner-users to complete and activate a historic entertainment venue while benefiting from existing commercial tenancy.

Listing Contacts

JM
NY 10301205773
KW Commercial Hudson Valley United
MG
NY 10301219733
KW Commercial Hudson Valley United
Listed by KW Commercial Hudson Valley United

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Zoning

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DCC MixedMixed UseDowntown Core Commercial
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Last updated Mar 5, 2026 For deeper zoning details, reports are available at Zoneomics

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