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    47 Vassar Rd Poughkeepsie, NY 12603

    Sponsored
    For Sale
    $225,000

    Established Pizzeria with Equipment

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property at 47 Vassar Rd, Poughkeepsie, NY 12603, presents a unique opportunity for a savvy investor. Priced at $225,000, this 2,000 square foot retail space includes a well-established pizzeria and restaurant business, complete with all equipment. The current owners, retiring after 28 years, have cultivated a thriving, community-loved establishment. The sale includes the business name and all existing equipment, offering a truly turnkey operation. The spacious layout features a 44-seat dining room and a 20-seat front area, providing ample space for customers. The kitchen is fully equipped with an 8-burner gas stove, grill, steam table, fryer, one refrigerator and two freezers, two double sinks, a salad bar, multiple coolers, a mixer, an ice maker, a fountain machine, and a cash register. Security is ensured with a CSS system and four cameras. The property also includes a beer and wine license (transferability requirements apply). A 10-year lease remains on the property, providing long-term stability. This is a rare chance to acquire a profitable, established business with significant potential for continued growth in a desirable location. Don't miss this opportunity to step into a ready-made success story.

    Property Features for 47 Vassar Rd

    General Information

    Property type
    Land
    Square Feet
    2,000 SF

    Building Details

    Units
    1

    HighLights

    • $225,000 asking price for a 2,000 sq ft retail space in Poughkeepsie, NY.
    • Turnkey pizzeria and restaurant business included with all equipment.
    • Established business with 28 years of history and strong community presence.
    • Spacious layout with 64‑seat capacity (44‑seat dining room and 20‑seat front area).
    • Fully equipped kitchen including 8‑burner stove, grill, steam table, fryer, refrigeration, and other essential equipment.
    • Includes security system (CSS with four cameras) and beer & wine license (transferability applies).
    Property Profile Location Intelligence

    Current Use by Public Records

    Goodfellas Pizzeria & Restaurant Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.8745486
    Latitude
    41.6519871

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    FAQs

    What type of property is this?
    Land - Established Pizzeria with Equipment
    Where is this land located?
    The property is located at 47 Vassar Rd Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price for a 2,000 sq ft retail space in Poughkeepsie, NY.; Turnkey pizzeria and restaurant business included with all equipment.; Established business with 28 years of history and strong community presence.
    Request Owner's contact information
    47 Vassar Rd 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
    47 Vassar Rd Poughkeepsie, NY 12603
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