6521 State RteWingdale, NY 12594

For Sale
$375,000

Turnkey Tavern, 4 Units, River Views

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity: a thriving tavern and apartment building in Wingdale, NY. This mixed-use property boasts 2,761 square feet on a 0.67-acre lot, encompassing a well-established tavern and three residential rental units (two one-bedroom, one two-bedroom). The tavern, operating successfully for over 35 years, features indoor seating for 38 and additional outdoor seating for 18+, a full bar, and a kitchen. The apartments provide supplemental income, currently 100% occupied with month-to-month leases. The building, constructed in 1930, is a four-story structure situated on two parcels and enjoys scenic Ten Mile River views. The property is zoned RU and includes ample parking. Conveniently located near Route 22 and neighboring towns, this turnkey operation offers immediate income potential and significant upside for future improvements. The sale includes all equipment and furniture. Separate electric meters for each apartment (electric heat) and oil heat for the tavern. This unique offering combines established business with rental income, presenting a rare opportunity in a desirable location. The property's prime location offers easy access to Route 22 and nearby towns like Pawling, Amenia, Millbrook, and Millerton, as well as the Connecticut border.

Highlights

  • $375,000 asking price for this mixed-use property.
  • Four units: a tavern and three apartments (two one-bedroom, one two-bedroom).
  • 2,761 square feet on a 0.67-acre lot in Wingdale, NY.
  • 100% occupancy with month-to-month apartment leases.
  • Established tavern with 35+ years in business, seating 38 indoors and 18+ outdoors.

Property Details for 6521 State Rte

Property type
Restaurants, Bars
Square Feet
2,761 SF
Year Built
1930
Buildings
1
Stories
4
Lot Size (sq. ft)
29,185 SF
Units
4

Location Insight

City
Wingdale
County
Dutchess
State
New York
Latitude
41.6550315
Longitude
-73.5541446
6521 State Rte, Wingdale, New York
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6521 State Rte
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