Listing Agency: McGrath Realty Inc Hopewell Junction r***@mcgrathny.com Show Phone

Listed By: Ryan McGrath · License #NY 10401313731

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Jul 29 at 2:16PM

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Investment Insights

Based on property information with market context.

This mixed-use property includes a restaurant, a cottage, an industrial butler building, and an open-air flea market. The site is described as having four sources of income intended to help offset ongoing mortgage and tax expenses.

The property is located on busy State Route 22 just out of the town of Patterson, with high exposure and ample road frontage.

The offering is presented as a multi-use site with several income-generating components under one ownership, while the different on-site buildings and the open-air market support flexible day-to-day use.

Key Highlights

• Mixed‑use property with a restaurant plus an open‑air flea market
• Includes additional structures, including an industrial butler building
• Located on busy State Route 22 just out of Patterson, offering high exposure

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Furniture & Home Goods Pharmacy Bakery Carpet & Flooring Store 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.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

115

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 12563, NY

7,586

Population

2,276

Households

3.3

Avg Household Size

41

Median Age

28%

College-Educated

93%

High-School Grad

23.5 sq mi

ZIP Area

323

Density / Sq Mi

$102,472

Median Household Income

$45,714

Median Earnings

$1,868

Median Rent

$358,200

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Mixed-use property combines a restaurant with an open-air flea market and additional structures including a butler building.

Where is this conventional restaurant located?

The property is located at 3161 Route 22 Patterson, NY.

What are key features of this property?

This property features: Mixed‑use property with a restaurant plus an open‑air flea market; Includes additional structures, including an industrial butler building; Located on busy State Route 22 just out of Patterson, offering high exposure