Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1571 US-9 Wappingers Falls, NY 12590

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully established restaurant and bar for sale in Wappingers Falls.

    Type:RETAIL
    Property size:
    1 SF
    Lot size:
    7.79 Acres
    Price / SF:
    $125,000/SF
    Added:
    Nov 25, 2025
    Days on Market:
    156
    Last Refresh:
    Apr 5 at 11:12 pm

    Property Features for 1571 US-9

    General Information

    Standard status
    Active
    Size
    1 SF
    Lot size
    7.79 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Tom Cervone

    Listing agent Tom Cervone

    Listing office CR Properties Group, LLC

    Listing date Nov 25, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CR Properties Group, LLC

    Overview

    Turn-Key Restaurant & Bar

    A fully established turn-key restaurant and bar is available for sale in Wappingers Falls, NY. The business operations include lunch, dinner, delivery, and catering for parties and weddings. The menu features appetizers, soups, quesadillas, enchiladas, burritos, veggie dishes, salads, chef specialty dinners, combo platters, and homemade sauces. Current co-tenants include Smoothie King, Giacomo's Pizza Cafe, and Essence Nail Spa. The property size is 1 square foot.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • ROTHMAN'S CATERING — NY-9D, Wappingers Falls, NY 12590
    • Flores Food Truck & Catering — 1659 US-9, Wappingers Falls, NY 12590

    Location Insight

    • Map
    • Local Demand
    City
    Wappingers Falls
    County
    Dutchess
    State
    New York
    Longitude
    -73.9097
    Latitude
    41.5944

    Nearby Similar for Sale

    • $410,000

      Wappingers Falls Single-Story Building

      One-story building with high traffic count and adjacent lot.
      2346 Route 9d, Wappingers Falls, NY 12590
      View Details
    • $560,000

      Two-Family Investment Property with Garage

      Two-family property in Wappingers Falls with a detached three-car garage.
      2574-2576 South Avenue, Wappingers Falls, NY 12590
      View Details
    • $325,000
      1,625 SF

      Industrial Condo Near Hudson Valley Airport

      Multi-unit industrial condo building near Hudson Valley Airport, built in 2006.
      72 Airport Drive #1-4, Wappingers Falls, NY 12590
      View Details
    • $2,900,000
      11,090 SF

      Wappingers Falls Retail Building For Sale

      Well-maintained 11,090 SF retail building on 1.66 acres.
      1676 Route 9, Wappingers Falls, NY 12590
      View Details
    • $895,000
      2,700 SF

      Wappingers Falls Retail/Office Building

      Retail/office building for sale in Wappingers Falls, NY.
      1622 US-9, Wappingers Falls, NY 12590
      View Details
    • $675,000

      Established Pizzeria and Italian Restaurant

      Turn-key restaurant with dine-in, take-out, and catering in Dutchess County.
      1574 Route 9, Wappingers Falls, NY 12590
      View Details
    • Contact for pricing
      25,340 SF

      Wappingers Falls Storage Investment Opportunity

      Self-storage facility with expansion potential in a prime location.
      1190 Route 9, Wappingers Falls, NY 12590
      View Details
    • $1,450,000
      10,858 SF

      Wappingers Falls Investment Property

      Mixed-use investment property featuring apartments, garages, and an office.
      7-13 Delavergne Ave, Wappingers Falls, NY 12590
      View Details
    • $1,300,000

      99 Acre Blueberry Farm Opportunity

      99 acre agricultural property, formerly a thriving blueberry farm.
      27 Robinson Lane, Wappingers Falls, NY 12590
      View Details
    • $699,000
      4,300 SF

      Wappingers Falls Commercial Building For Sale

      Commercial building with restaurant/bar and apartments in Wappingers Falls.
      2555-2557 South Ave, Wappingers Falls, NY
      View Details
    • $895,000
      4,364 SF

      Professional Office Building For Sale

      Professional office building for sale in Wappingers Falls, NY.
      60-62 E Main St, Wappingers Falls, NY
      View Details
    • $3,900,000
      30,000 SF

      Medical/Professional Office Building Opportunity

      Strategically located medical/professional office building for sale in Wappinger.
      66 Middlebush Rd, Wappingers Falls, NY 12590
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully established restaurant and bar for sale in Wappingers Falls.
    Where is this restaurant located?
    The property is located at 1571 US-9 Wappingers Falls, NY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Fully Established Turn‑Key Restaurant & Bar; Includes Lunch, Dinner, Delivery, and Catering Operations; Established Business Website: https:\/\/mexicali‑blue.com\/
    (845) 485-3100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tom Cervone
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!