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Ship Lantern Inn Restaurant Property
New
For Sale
$3,475,000

1725 Route 9W, Milton, NY 12547

Established hospitality operation with multiple dining areas, commercial kitchen, residences, and rental units.

Property Size5,000 SF
Days on Market5

Property Features for 1725 Route 9W

General Information

Standard status Active
Size 5,000 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $24,434

Building Details

Building Size 5,000 SF
Year Built 1925
Units 7
Listing Agency: Century 21 Alliance Rlty Group
Listed By: John DeMarco · License #NY.10301216451
Source: Elliman
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 19 at 11:52AM

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 Century 21 Alliance Rlty Group

Investment Insights

Based on property information with market context.

The Ship Lantern Inn is a restaurant property established in 1925, set across approximately 8.6 acres and two tax parcels. Improvements include several dining rooms, a commercial kitchen, outdoor entertaining areas, vegetable and herb gardens, extensive parking, five residential homes, and six income-producing rentals. Municipal water and natural gas serve the property.

Fronting Route 9W, the site benefits from prominent roadside exposure and approximately 19,000 vehicles passing daily. Metro-North service in Beacon and Poughkeepsie is approximately 15 minutes away. The surrounding Hudson Valley context includes wineries, orchards, historic attractions, and hospitality destinations. The property supports continued restaurant use and includes additional residential and rental components.

Key Highlights

  • Approximately 8.6 acres across two tax parcels on Route 9W
  • Restaurant property with multiple dining spaces, commercial kitchen, and outdoor entertaining areas
  • Five residential homes and six income‑producing rentals included

Property Analytics

Current Use

Ship Lantern Inn Restaurant

Suggested Use

Top Pick Auto Parts Store Storage Facility Building Supply Law Firm Garden Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby
Well-served
Demand for This Use

Demographics for 12547, NY

2,934
Population
1,358
Households
2.2
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
9.2 sq mi
ZIP Area
319
Density / Sq Mi
$87,727
Median Household Income
$58,965
Median Earnings
$1,897
Median Rent
$384,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established hospitality operation with multiple dining areas, commercial kitchen, residences, and rental units.
Where is this conventional restaurant located?
The property is located at 1725 Route 9W Milton, NY.
What is the asking price?
The asking price for this property is $3,475,000.
What are key features of this property?
This property features: Approximately 8.6 acres across two tax parcels on Route 9W; Restaurant property with multiple dining spaces, commercial kitchen, and outdoor entertaining areas; Five residential homes and six income‑producing rentals included
More about this property
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