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Turnkey Restaurant and Event Venue
For Sale
$1,850,000

2478 Route 145, East Durham, NY 12423

Fully operational restaurant and event venue with lodging in East Durham.

Property Size2,904 SF
Lot Size0.50 Acres
Price / SF$637.05
Days on Market314

Property Features for 2478 Route 145

General Information

Standard status Active
Size 2,904 SF
Lot size 0.50 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,650

Amenities

Central air
Ceiling Fan(S) Cooling

Building Details

Year Built 1980
Listing Agency: COLDWELL BANKER VILLAGE GREEN
Listed By: ANGELA LANUTO, RSPS · License #10301213639
Source: Corcoran
Added: Oct 25, 2025 Changed: Aug 31 Last Checked: Sep 2 at 6:08PM

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 COLDWELL BANKER VILLAGE GREEN

Investment Insights

Based on property information with market context.

Located in the rolling green hills of East Durham, Five Furlongs is a tavern, restaurant, and event venue. Situated along State Route 145, this property features a thatched-roof patio. The tavern and dining room offer seating for up to 100 guests. Outdoor amenities include a 90ft x 30ft Amish-built pavilion featuring a permanent stage, JBL sound system, lighting and chandeliers, a mobile catering trailer with wood and propane cooking stations, bar, and dining tables, a covered back deck, a large fire pit circle, and creekside cabanas. The grounds are ready to host weddings, concerts, reunions, and celebrations. The infrastructure includes a commercial kitchen, full bar, prep and storage rooms, walk-in freezer and coolers, two wells, a new septic system, ten bathrooms, and two parking areas. Upstairs, four en suite hotel rooms offer accommodations. The business has two liquor licenses and a NYS Gaming License with Off Track Betting. This is a turnkey opportunity to operate a destination restaurant and event space. Nearby attractions include Zoom Flume Water Park, Windham and Hunter Mountains, golf courses, and the Hudson River. The property is being sold as is. The property size is 2904 square feet.

Key Highlights

  • Turnkey, fully operational restaurant, tavern, and event venue with established legacy.
  • Extensive outdoor event space featuring a 90ft x 30ft Amish‑built pavilion with stage, sound system, lighting, mobile catering trailer, fire pit, and creekside cabanas.**
  • High‑capacity venue with indoor seating for 100 guests, a commercial kitchen, full bar, and ample prep/storage space.

Property Analytics

Current Use

Hospitality properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Florist Hair Salon Grocery & Convenience Store

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

41
Businesses Nearby

Demographics for 12423, NY

940
Population
690
Households
1.4
Avg Household Size
52
Median Age
29%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
88
Density / Sq Mi
$77,672
Median Household Income
$37,159
Median Earnings
$715
Median Rent
$216,700
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?
Hospitality property - Fully operational restaurant and event venue with lodging in East Durham.
Where is this hospitality property located?
The property is located at 2478 Route 145 East Durham, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Turnkey, fully operational restaurant, tavern, and event venue with established legacy.; Extensive outdoor event space featuring a 90ft x 30ft Amish‑built pavilion with stage, sound system, lighting, mobile catering trailer, fire pit, and creekside cabanas.**; High‑capacity venue with indoor seating for 100 guests, a commercial kitchen, full bar, and ample prep/storage space.
More about this property
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