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Rebuilt Restaurant With Apartment
For Sale
$2,499,000

355 Smith Ridge Road, South Salem, NY 10590

Business Opportunity, South Salem, NY

Property SizeContact for details
Lot Size1.96 Acres
Days on Market78

Property Features for 355 Smith Ridge Road

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Rooms Basement
Basement Finished, Full
Elementary school district Katonah-Lewisboro
Middle school district Katonah-Lewisboro
High school district Katonah-Lewisboro
Standard status Active
APN 3000-049-00A-09846-000-0010
Lot size 1.96 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 18772

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well

Amenities

wine bar
private VIP/Party Room
expanded basement
two-bedroom residential apartment

Building Details

Year built 2026
Building materials Frame
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Justin Pieragostini · License #10401203604
Added: Jun 23 Changed: Sep 6 Last Checked: Sep 8 at 4:06PM
MLS# 1014508

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property is under construction following a complete rebuild, with delivery scheduled for November 2026. The planned layout includes dining areas for 100+ guests, a wine bar, private VIP and party room, outdoor patio, and a newly equipped commercial kitchen with modern appliances and a hood system. An upstairs two-bedroom apartment adds a residential component, while the expanded basement provides storage and operational space.

The property occupies 1.9641 acres and includes on-site parking for over 100 vehicles. Building systems include forced-air heating and central air conditioning. The structure is frame construction and will be served by a well and septic tank.

Key Highlights

  • Complete restaurant rebuild under construction with delivery scheduled for November 2026
  • Dining areas designed for 100+ guests, plus wine bar and private VIP/party room
  • New commercial kitchen with modern appliances and hood system

Property Analytics

Current Use

La Vista Ristorante ... Bar & Pub

Suggested Use

Top Pick Building Supply Dental Office Law Firm Auto Repair Shop Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Ring's End Home Improvements & Furnishings
1,694 visits/mo 0.4 miles

Demographics for 10590, NY

6,556
Population
2,820
Households
2.3
Avg Household Size
49
Median Age
69%
College-Educated
99%
High-School Grad
13.3 sq mi
ZIP Area
493
Density / Sq Mi
$198,563
Median Household Income
$76,643
Median Earnings
$2,262
Median Rent
$727,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property under construction with dining, event, kitchen, and upstairs residential components.
Where is this conventional restaurant located?
The property is located at 355 Smith Ridge Road South Salem, NY.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Complete restaurant rebuild under construction with delivery scheduled for November 2026; Dining areas designed for 100+ guests, plus wine bar and private VIP/party room; New commercial kitchen with modern appliances and hood system
More about this property
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