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    56 Route 22 Pawling, NY 12564

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    For Sale
    $945,000

    Highly visible mixed-use commercial property with established restaurant and apartment.

    Lot size:
    1.00 Acre

    Property Features for 56 Route 22

    General Information

    Lot size
    1.00 Acre

    Building Details

    Year built
    1960

    Source: McGrath Realty Inc Agent Lisa Liffland

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

    Overview

    Mixed-Use Property on Route 22

    This mixed-use commercial property is located on Route 22 and includes a well-known restaurant and a two-bedroom apartment. The restaurant, established in 1982, features a large, open dining room filled with natural light and a retro counter with stools. The restaurant seats 49 patrons. The property benefits from a high traffic count, averaging 19,000 vehicles per day. Additional features include a large parking lot and expansive outdoor dining area. The property is situated on a one-acre lot with 300 feet of level road frontage. The two-bedroom apartment is currently rented for $1,900 per month. A whole-building Generac generator and a walk-in cooler are also included. The restaurant currently serves breakfast and lunch, with the potential to increase profits by adding dinner service. The property is a turn-key purchase.
    Insight Report Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

    Restaurant Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Food Market Storage Facility Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawling
    County
    Dutchess
    State
    New York
    Longitude
    -73.5856309
    Latitude
    41.5284311

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    FAQs

    What type of property is this?
    Breakfast & diner - Highly visible mixed-use commercial property with established restaurant and apartment.
    Where is this breakfast & diner located?
    The property is located at 56 Route 22 Pawling, NY.
    What is the asking price?
    The asking price for this property is $945,000.
    What are key features of this property?
    This property features: - Established, well-known Karen's Diner with loyal customer base and landmark status.; - High-visibility location on Route 22 with a high traffic count (19,000).; - Mixed-use property with a two-bedroom apartment generating $1,900/month rental income.
    (845) 222-5961
    Request Owner's contact information
    56 Route 22 Pawling, NY 12564
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    Pawling, NY 12564
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    Realmo Value Estimation

    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.

    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.

    More about this property
    56 Route 22 Pawling, NY 12564
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