Mid-Century Diner Building with
3130 Rte 9W Saugerties, NY 12477
3130 Rte 9W, Saugerties, NY, 12477
$419,000
For Sale
$419,000
Mid-century diner building for sale with full basement and General Business zoning.
Property Size2,469 SF
Price / SF$169.70
Days on Market668
Property Features for 3130 Rte 9W
General Information
- Standard status
- Active
- Size
- 2,469 SF
- Property subtype
- Commercial Sale / Business
Building Details
- Year Built
- 1960
Listing agency
Potter Realty
(845) 389-8965
Listed by
Nan Potter · License #49PO1138679
(845) 389-8965
Source
Compass
Added: Sep 23, 2024 Updated: Jul 21 at 9:48PM Checked: Jul 21 at 9:48PM
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 Potter Realty
Investment Insights
Based on property information with market context.
Located at 3130 Rte 9W in Saugerties, this mid-century diner building has operated as a classic diner for approximately 60 years and is now available for the next concept. The property includes a full basement (not a slab), providing substantial on-site storage space.
The building offers superb visibility and road access, supporting straightforward customer-facing retail use. The site is zoned General Business, which allows flexibility to rebuild as a retro diner, bakery, or coffee shop, or to repurpose the property for another commercial use.
The property is presented as an easy-to-show business opportunity with an existing structure and basement configuration suitable for a range of retail-oriented conversions.
The building offers superb visibility and road access, supporting straightforward customer-facing retail use. The site is zoned General Business, which allows flexibility to rebuild as a retro diner, bakery, or coffee shop, or to repurpose the property for another commercial use.
The property is presented as an easy-to-show business opportunity with an existing structure and basement configuration suitable for a range of retail-oriented conversions.
Key Highlights
- Mid‑century diner building built in 1960 with 1 story and a full basement (not a slab)
- Full basement provides additional storage space for the building
- Zoned General Business
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.4k | $18.00 |
| − Vacancy | −$1.9k | −$0.76 |
| EGI | $42.6k | $17.24 |
| − OpEx | −$10.6k | −$4.31 |
| NOI | $31.9k | $12.93 |
2,469 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$456.2K
$399.2K – $532.2K
NOI $31,932 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$23.09M
$20.20M – $26.94M
NOI $1,616,265 @ 7.0% cap · market cap 385.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar For Sale Nearby
Similar Off Market Nearby
- Lox of Bagels — 3103 Rte 9W, Saugerties, NY 12477
- Saugerties Bed and Breakfast — 122 Burt St, Saugerties, NY 12477
FAQs
What type of property is this?
Breakfast & diner - Mid-century diner building for sale with full basement and General Business zoning.
Where is this breakfast & diner located?
The property is located at 3130 Rte 9W Saugerties, NY.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Mid‑century diner building built in 1960 with 1 story and a full basement (not a slab); Full basement provides additional storage space for the building; Zoned General Business
