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Listing 15 out of 18
$680,000 For Sale

963 Kings Highway
Saugerties, NY 12477


7,372 sq ft;
lot: 3.45 acres
Commercial: Mixed Use - MLS# 20184194
Property Photo
1/25

Description

Opportunity to purchase a turn-key restaurant and separate deli, along a busy corridor. This 3.4 acre property has four separate buildings. Building one is a deli; 2000 sqft., built in 1987 and remodeled in 2001. The deli has 3 phase, 400 amp. All equipment including pizza ovens included in the sale. Building two is a new BBQ restaurant. Built in 2015 this 2448 sqft., 200 amp structure has a large main area and seating access to an outside under awning seating area. Again, all equipment goes with the sale. Building three is a 1628 sqft. storage building built in 1970 and building four is a 1296 sqft., 3 bedroom apartment built in 1962, currently tenant occupied. This property has over 300 feet of road frontage with one curb cut off of Kings Hwy/County Route 31. There is ample parking for customers or events. Electricity and municipal water, sewer and gas are connected to the site. This property also has its own well and septic system. There is plenty of potential since both deli and BBQ are operated on limited hours of operation.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Ulster County
  • Zip Code: 12477
  • Year Built: 1962
  • Age: 41-60
  • School District: Saugertiescentr
  • Sq.Ft.: 7,372 sq ft
  • Lot Size: 3.45 acres
  • Zoning: 06/CommMixedUse
  • Area: Saugerties-Town
  • Annual Expenses: 32553
  • Annual Income: 83176
  • Annual Net: 50623
  • Business Name: Stone Pony/Smoking Pony
  • Cap Rate: 8
  • Insurance: 2950
  • Lot: 26.20
  • Lot Block Address: 26.20,3,963 Kings
  • Lot Dimensions: Irregular
  • Management: 2495
  • Miscellaneous: 2079
  • Total Taxes: 14115
  • Water: 1600
Courtesy of Murphy Realty Group

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Laura Rose

Laura Rose
NYS Real Estate Broker
Laura Rose Real Estate


845-255-9009

Contact Me

Laura Rose | (845) 255-9009 | Contact Me
41 Main Street, #971 - New Paltz, NY 12561
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