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    155 Wilbur Blvd Poughkeepsie, NY 12603

    Sponsored
    For Lease
    $9 SF/Yr ($11,016 /Mo)

    Established Restaurant, Golf Course Location

    Lot size:
    14,688 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 14,688 square foot catering venue in Poughkeepsie, NY, presents a unique investment opportunity. Located at 155 Wilbur Blvd, on the prestigious McCann Golf Course at Spratt Park, this single-tenant property boasts a rich 40-year history of providing catering services for a diverse clientele, including weddings and corporate events. The building itself comprises three banquet rooms, a main dining area, two fully equipped kitchens, a dedicated bridal suite, a convenient office, and ample storage space within three separate storage rooms. Outdoor amenities include a covered deck and an open-air deck, perfect for al fresco dining and receptions. A snack bar and multiple bathrooms add to the property's functionality. The property's prime location on a well-established golf course provides exceptional visibility and access to a built-in customer base. This turnkey operation is ready for a new owner to continue its legacy of success. A Matterport 3D virtual tour is available for a comprehensive view of the property's layout and features. The property is zoned for restaurant use and is situated in Poughkeepsie, NY, zip code 12603. This is a rare chance to acquire a well-established and profitable catering business with significant potential for growth.

    Property Features for 155 Wilbur Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,688 SF
    Total Rate
    11016

    Unit(s) available at that property

    Space
    Size
    14,688 SF
    Rate per SF
    $9

    HighLights

    • Prime location near Spratt Park and McCann Golf Course.
    • 18‑hole golf course with pro shop and driving range.
    • Ideal venue for weddings, banquets, bar/bat mitzvahs, proms, corporate events, and other celebrations.
    • Full‑service restaurant offering lunch and dinner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Christos Catering Event Venue McCann Memorial Golf ... Public Golf Course

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9129726
    Latitude
    41.6726655

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Golf Course Location
    Where is this restaurant located?
    The property is located at 155 Wilbur Blvd Poughkeepsie, NY.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Prime location near Spratt Park and McCann Golf Course.; 18-hole golf course with pro shop and driving range.; Ideal venue for weddings, banquets, bar/bat mitzvahs, proms, corporate events, and other celebrations.
    Request Owner's contact information
    155 Wilbur Blvd Poughkeepsie, NY 12603
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    Poughkeepsie, NY 12603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    155 Wilbur Blvd Poughkeepsie, NY 12603
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