About This Restaurant
Investment Highlights
Close to Pepacton Reservoir Former Restaurant & Equipment Included Two Buildings - House & Store
Executive Summary
Discover endless possibilities with this fantastic commercial and residential opportunity. Located on the bustling Route 28 leading into Margaretville, this property boasts an 1,800 sq ft storefront and a newly renovated 1,218 sq ft home, both ready for a new owner to work, live, or rent. With yearly taxes of approximately $3500, this is an opportunity not to be missed. The commercial space is currently divided into two sections: a cozy cafe and a well-stocked bait and tackle shop. The interior walls are easily moveable, allowing for the space to be used as one or two separate areas. The building comes fully equipped with everything needed to operate as a restaurant, including a gas range, griddle, fryer, ovens, sinks, refrigerated display cases, ice cream machine, draft beer system, walk-in cooler, counter and stools, tables and chairs, dishes and silverware. The high ceilings and large doors also make it suitable for any type of business. For those interested in continuing the bait and tackle shop, the inventory is negotiable. The three-bedroom home set back from the road has been beautifully renovated with a new bathroom, flooring, countertops, and windows (to be installed).VIRTUAL TOURS, VIDEO & MORE HD PICS AVAILABLE AT theholscherteam.com/43021-ny-28
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Residential Freestanding
- Building Size 3,018
- Year Built 1972
- Price 449,000
- Price Per SF 149
- Tenancy Single
- Building Height 2 Stories
- Building FAR 0.23
- Land Acres 0.30 AC
Amenities
- Restaurant
- Fiber Optic Internet
Property Taxes
Parcel Number | 124689-307-001-0001-044-000 | Improvements Assessment | $42,000 |
Land Assessment | $138,700 | Total Assessment | $180,700 |
Date Created: | 2024-07-16 04:18:00 | Last Updated: | 2024-07-16 04:18:00 |
Address: | 43019-43021 Route 28 , Arkville, New York, 12406 |