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80-Seat Restaurant Property
For Sale
$1,800,000

2850 State Route 17k, Middletown, NY 10941

Operating restaurant improvements and a second rented residence occupy a two-parcel assemblage with access from both state routes.

Property Size1,754 SF
Lot Size2.14 Acres
Days on Market239

Property Features for 2850 State Route 17k

General Information

Standard status Active
Size 1,754 SF
Lot size 2.14 Acres
Property subtype Commercial

Site & Location

Traffic Count 5,000 vehicles/day
Road Access Yes
Utilities to Site Yes

Additional Details

Land Use commercial, residential
Seating Capacity 80

Taxes and HOA fees

Annual Taxes $9,019

Building Details

Building Size 1,754 SF
Year Built 1977
Buildings 2
Stories 1
Listing Agency: RE/MAX Benchmark Realty Group
Listed By: Robert Sassi · License #40SA1083537
Source: Mydreamhomerealty
Added: Jan 2 Changed: Aug 28 Last Checked: Aug 29 at 10:20AM

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 RE/MAX Benchmark Realty Group

Investment Insights

Based on property information with market context.

This two-property assemblage spans 2.14 acres and includes a fully equipped, one-level restaurant with seating for 80. The restaurant is currently rented and has access from both State Route 17K and State Route 302. A separate single-family residence is also included and is currently rented.

The property has approximately 5,000 cars per day and 200 feet of road frontage from each road at a five-corner intersection. The restaurant uses propane for heating, while the house uses oil. Separate septic systems serve the buildings, with a common well providing water. The 1977 improvements are positioned for continued restaurant use or consideration of future development concepts, subject to applicable approvals.

Key Highlights

  • 2.14‑acre assemblage comprising 2 separate properties sold together
  • Fully equipped 80 seat, one‑level restaurant currently rented
  • 200' road frontage from each road with access to State Route 17K and State Route 302

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Auto Parts Store Real Estate Agency Kitchen & Bath Showroom

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

Lease Details

5,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 100%
DTLR/VILLA Apparel
1,032 visits/mo 0.3 miles

Demographics for 10941, NY

14,549
Population
5,486
Households
2.7
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
32.0 sq mi
ZIP Area
455
Density / Sq Mi
$95,938
Median Household Income
$48,313
Median Earnings
$1,640
Median Rent
$325,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant improvements and a second rented residence occupy a two-parcel assemblage with access from both state routes.
Where is this conventional restaurant located?
The property is located at 2850 State Route 17k Middletown, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2.14‑acre assemblage comprising 2 separate properties sold together; Fully equipped 80 seat, one‑level restaurant currently rented; 200' road frontage from each road with access to State Route 17K and State Route 302
More about this property
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