About This Restaurant
Investment Highlights
High visibility and traffic count on busy NY State Route 209 Permissive zoning allowances Fully operational restaurant
Executive Summary
Prime real property and fully equipped restaurant are included in this great real estate and business opportunity! High visibility and high traffic count directly on NY State Route 209, THE busiest corridor in the region. Current use is a pizza parlor with 20+ years of good will built one customer at time. Mixed Use zoning allows other by-right uses that include retail, office and professional businesses. Laid out for counter service, the main floor dining room, kitchens and public restroom has an occupancy load of 40 and totals 1,484 interior square feet. Full unfinished basement adds 1,270 square feet with potential renovation options that include creation of a legal residence. Restaurant equipment?pizza ovens, 6 burner Wolf range, grill, Fryolator, reach-in refrigeration, hood/ansul system/roof fan, small wares, dining room tables and chairs?included in sale. Kerhonkson has been dubbed The Kerhamptons (NY Times) because of its growing popularity in the center of all the Hudson River Valley-Catskill Mountain region has to offer?world class natural beauty, recreational resources, art, culture and cuisine all in one place. Don?t miss this opportunity to become a part of it!
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Freestanding Office Medical Office Office Residential Restaurant
- Building Size 4,200
- Building Class C
- Year Built 1979
- Price 599,000
- Price Per SF 143
- Cap Rate 8.01
- NOI 47,950
- Tenancy Single
- Building Height 2 Stories
- Building FAR 0.46
- Land Acres 0.21 AC
Amenities
- Restaurant
- Signage
- Storage Space
Property Taxes
Parcel Number | 5689-076.013-0003-018.000-0000 | Improvements Assessment | $18,400 |
Land Assessment | $133,600 | Total Assessment | $152,000 |
Date Created: | 2024-07-16 04:18:02 | Last Updated: | 2024-07-16 04:18:02 |
Address: | 6320 Route 209 , Kerhonkson, New York, 12446 |