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Historic Inn Restaurant Opportunity
For Lease
$18 SF/Yr

38 Bellvale Lakes Rd, Warwick, NY 10990

Landmark restaurant property in the Hudson Valley available for lease.

Space SizeContact for details
Property Size5,406 SF
Lot Size2.40 Acres
Days on Market165

Property Features for 38 Bellvale Lakes Rd

General Information

Standard status Active
Size 5,406 SF
Lot size 2.40 Acres
Property subtype Commercial
Lease Term Flexible

Taxes and HOA fees

Annual Taxes $16,321

Building Details

Building Size 5,406 SF
Year Built 1760
Listing Agency: RAND COMMERCIAL
Listed By: Charles Benjamin Emanuel
Source: Elliman
Added: Mar 10 Changed: Aug 12 Last Checked: Aug 20 at 10:45AM

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 RAND COMMERCIAL

Investment Insights

Based on property information with market context.

The Iron Forge Inn is available for lease, presenting a unique opportunity to operate a landmark restaurant property in the Hudson Valley. Housed in a restored 1760 Inn, this fine dining restaurant features five intimate dining rooms, a tap room with an original hearth fireplace, and a modern commercial kitchen. Additional amenities include an outdoor stone garden patio and an enclosed hilltop gazebo offering panoramic valley views, as well as additional rooms on the 2nd floor. Situated on 2.4 acres at the foot of Mount Peter in Bellvale, within the Town of Warwick, the property combines Revolutionary-era history with refined country charm. This location has attracted both local and destination diners for over 70 years. This opportunity is suited for a seasoned restaurateur or an up-and-coming chef. Furniture, fixtures, and equipment are available, making this a turn-key opportunity.

Key Highlights

  • Landmark restaurant property in the Hudson Valley with a long‑established reputation (over 70 years) drawing locals and destination diners.
  • Restored 1760 Inn featuring five intimate dining rooms, a tap room with original hearth fireplace, and additional rooms on the 2nd floor.
  • Modern commercial kitchen and outdoor stone garden patio included.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Restaurant 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Well-served
Demand for This Use

Demographics for 10990, NY

19,877
Population
8,394
Households
2.4
Avg Household Size
46
Median Age
50%
College-Educated
95%
High-School Grad
61.4 sq mi
ZIP Area
324
Density / Sq Mi
$123,199
Median Household Income
$64,723
Median Earnings
$1,387
Median Rent
$462,100
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Landmark restaurant property in the Hudson Valley available for lease.
Where is this conventional restaurant located?
The property is located at 38 Bellvale Lakes Rd Warwick, NY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Landmark restaurant property in the Hudson Valley with a long‑established reputation (over 70 years) drawing locals and destination diners.; Restored 1760 Inn featuring five intimate dining rooms, a tap room with original hearth fireplace, and additional rooms on the 2nd floor.; Modern commercial kitchen and outdoor stone garden patio included.
More about this property
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