963 Kings Hwy

963 Kings Hwy , Saugerties, New York, 12477 | 7,372 sq.f | $ 859,000

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About This Restaurant

Investment Highlights

Executive Summary

An amazing Banquet/Restaurant 3 building complex along a busy road. The possibilities are endless. This is a must see if you have any ideas for a food and beverage business. The first building is 2000 sqft which was upgraded in 2001 and it has high end professional kitchen equipment including pizza ovens. The second building is 2448 sqft, built in 2015 that has a gorgeous bar and dining area. The third building is a 3 bed 1 bath apt that is getting well below market value rent at 1,125. Come take a look and let your imagination go wild.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    7,372
  • Building Class    C
  • Year Built    1962
  • Price    859,000
  • Price Per SF    117
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.05
  • Land Acres    3.45 AC

Amenities

  • Freeway Visibility
  • Restaurant
  • Storage Space

Property Taxes

Parcel Number 4889-028.002-0003-026.200-0000 Improvements Assessment $49,500
Land Assessment $614,000 Total Assessment $663,500
Date Created: 2024-07-16 04:18:02 Last Updated: 2024-07-16 04:18:02
Address: 963 Kings Hwy , Saugerties, New York, 12477