Established Tavern, Leaseback Option, High Visibility
Property size:
2,180 SF
Description
Added:
Feb 3, 2025
Days on Market:
338
This exceptional retail property, located at 809 Bloomingburg Road in Bloomingburg, New York, presents a unique investment opportunity. The 2,180 square foot building sits on a one-acre lot within the Light Enterprise District of the Town of Wallkill, Orange County. Currently operating as the Horse and Sulky Tavern, the property includes a fully equipped commercial kitchen featuring two ovens, fryers, a pizza oven, four stainless steel sinks, ample prep stations and racks, and a state-of-the-art venting system. The bar area is a highlight, boasting a wrap-around bar with seating for over 30 guests, a walk-in keg room and cooler, state-of-the-art refrigeration and ice machines, cold beer taps, a soda machine dispenser, four stainless steel sinks, newer roll-top coolers, prep stations, a center island for the register, and extensive cabinet and shelving space. A separate dining room offers additional seating with tables and booths, enhanced by vaulted ceilings, attractive ambiance, and recessed lighting. The building features updated flooring and wood barrel accents on the ceilings. Exterior amenities include a patio, a wrap-around cement front porch with stone columns, and ample paved parking ensuring high visibility and convenient access. The current occupant is interested in a leaseback agreement, terms to be negotiated. The property's location and versatile permitted uses within the Light Enterprise District make it an attractive investment for a variety of businesses. Priced at $780,000.
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809 Bloomingburg Rd Bloomingburg, NY 12721
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Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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809 Bloomingburg Rd Bloomingburg, NY 12721
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809 Bloomingburg Rd, Bloomingburg, NY
Michelle Gruberger
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809 Bloomingburg Rd, Bloomingburg, NY
Michelle Gruberger
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809 Bloomingburg Rd, Bloomingburg, NY
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809 Bloomingburg Rd, Bloomingburg, NY
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809 Bloomingburg Rd, Bloomingburg, NY
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to 809 Bloomingburg Rd Bloomingburg, NY 12721
809 Bloomingburg Rd, Bloomingburg, NY
Michelle Gruberger
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