31 S Main Street, Liberty, NY 12754

Property 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 renowned 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. An additional parking lot located across the street may also be included in the sale. Ideally situated in the center of Liberty's business district, this unique mixed-use asset combines historic character, existing cash flow, and a rare opportunity to complete and activate one of the region's most significant entertainment and event venues.