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5335 State Route 23 Windham, NY 12496

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For Sale
$1,125,000

Turnkey restaurant and bar with two income-generating apartments.

Property size:
5,300 SF
Lot size:
0.14 Acres

Property Features for 5335 State Route 23

General Information

Standard status
Active
Size
5,300 SF
Lot size
0.14 Acres

Building Details

Year built
1970

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Listing Contact
Lisa Jaeger
Lisa Jaeger
Source: Corcoran

Listing Agency: COLDWELL BANKER VILLAGE GREENW Listing Agent: Lisa Jaeger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Profitable Restaurant with Rental Income

Located in Windham, this property features a restaurant and bar with two apartments. The restaurant, Lilly's Steak and Cocktails, is situated on Main Street, offering visibility, street parking, and handicap accessibility. The restaurant can accommodate up to 98 guests in its bar and dining room, which includes a private dining area. A back deck provides views of Mad Creek and the Batavia Kill. The commercial kitchen is equipped with updated appliances, prep areas, storage, and dishwashing facilities. Renovated public restrooms, A/C mini splits, and a modern POS system are included. In addition to the restaurant, the property includes two apartments that generate rental income. The seller is willing to provide training and support to ensure a smooth transition. The property is suitable for a restaurateur, investor, or chef-owner looking to capitalize on Windham's tourism and Main Street activity. The building size is 5300 square feet.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Building Supply Big Box & Wholesale Store Dental Office Real Estate Agency Spa & Massage Center Hair Salon Department Store Skin Care Clinic Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Windham
County
Greene
State
New York
Longitude
-74.2491
Latitude
42.307487

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant and bar with two income-generating apartments.
Where is this conventional restaurant located?
The property is located at 5335 State Route 23 Windham, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: - Profitable restaurant with robust income and available profit/loss statements.; - Two upstairs apartments generating nearly $4k/month in rental income.; - Prime Main Street location in desirable Windham with excellent visibility and accessibility.
More about this property
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