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Poughkeepsie NY, 12603 $905,000

Retail Commercial  

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Details ML#: H6335550  

  • # of Families: 6
  • Sale or Rent:Sale
  • Year Built: 1950
  • Taxes: $15,303
  • Status:Active

Description

Rare Lagrange mixed use opportunity including well established, thriving restaurant and five unit apartment building. Impeccably kept property with long term owner deciding to liquidate after nearly fifty years. Restaurant includes huge covered patio, bar and two dining rooms. Fixtures include two walk-in freezers, coolers, full kitchen & hood. Apartment building includes (1) 2 bedroom, (2) one bedrooms and (1) studio. Separate utilities for all apartments. Dedicated septic system and municipal water source for apartment building and restaurant. Large parking lot offering abundant space to easily accommodate residential tenants, restaurant staff and patrons. Annual NOI of $80, 000+. Centrally located with exceptional visibility. An opportunity not to be missed.

More Property Details

Property Features

Lot Size: 1.09   Parking Spaces: Yes   Parking Facilities: Parking Lot  

Appliances & Utilities

Heat: Electric, Natural Gas, Baseboard, Forced Air, Heat Pump   A/C: Ductless   Water: Public   Sewer: Septic Tank  

Financial

Taxes: $15,303  

Local Area Information

School District: Arlington  

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