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    36422 Ny-23 Grand Gorge, NY 12434

    Sponsored
    For Sale
    $795,000

    Established eatery, prime location, high potential.

    Property size:
    2,472 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity encompasses a thriving restaurant and its accompanying building, situated on a 0.75-acre lot at 36422 NY-23 in Grand Gorge, NY 12434. The 2,472 square foot, single-story building, constructed in 2014, boasts a full commercial kitchen, an ice cream station, indoor and outdoor dining areas (the latter under a large pavilion), and ample parking with two driveways. The property benefits from municipal water and sewer connections, a security system, and existing signage. The current inventory and equipment are included in the sale price of $795,000. The restaurant, Sundaes Restaurant & Tasty Freeze, specializes in steak, burgers, pizza, and ice cream, and enjoys 100% occupancy. The property is zoned 422-Diner and has been approved for EV charging stations, with half the cost covered by NYSEG. Its strategic location on State Highway 23 provides excellent visibility and accessibility, with proximity to popular attractions in the Great Western Catskills, including Windham Ski Mountain (20 minutes away) and Belleayre and Plattekill Ski Mountains (30 minutes away). This owner-user investment presents a rare chance to acquire a well-established business with significant growth potential in a desirable location. The property features a 100% occupancy rate as of September 9, 2024. Further details, including 3D virtual tours and aerial photography, are available upon request.

    Property Features for 36422 Ny-23

    General Information

    Property type
    Investment properties
    Square Feet
    2,472 SF
    Lot Size
    32,670 SF

    Building Details

    Year Built
    2014
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑profile commercial property and established business for sale in Roxbury/Grand Gorge, NY, on State Highway 23.
    • .75‑acre lot with ample parking (two driveways) and prominent signage. Municipal water and sewer available.
    • Well‑maintained 2,500 sq ft building includes indoor and outdoor dining, a full commercial kitchen, and an ice cream station. Security system in place.
    • Includes existing inventory, equipment, and the established Sundaes Restaurant & Tasty Freeze, serving steak, burgers, pizza, and ice cream. Outdoor dining is covered by a large pavilion.
    • Approved for EV charging stations (partial funding from NYSEG). Excellent access to Great Western Catskills attractions. 20 minutes to Windham Mountain, 30 minutes to Belleayre and Plattekill.
    • Prime location. Virtual tour, aerial photography, and multimedia website available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Realty agency Hotel & Motel Nail Salon Storage Facility Food Market Convenience Store Car Rental Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Gorge
    County
    Delaware
    State
    New York
    Longitude
    -74.5060685
    Latitude
    42.3696797

    Nearby Comparable

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    Nearby Similar for Sale

    • New
      $595,000
      2,472 SF

      Restaurant Opportunity on State Highway

      Established restaurant with indoor/outdoor dining and ample parking.
      36422 State Highway 23, Grand Gorge, NY 12434
      View Details
    • $1,499,000
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      Turnkey Restaurant and Apartment Building

      Established restaurant with apartment in the Catskills region.
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    FAQs

    What type of property is this?
    Investment property - Established eatery, prime location, high potential.
    Where is this investment property located?
    The property is located at 36422 Ny-23 Grand Gorge, NY.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: High-profile commercial property and established business for sale in Roxbury/Grand Gorge, NY, on State Highway 23.; .75-acre lot with ample parking (two driveways) and prominent signage. Municipal water and sewer available.; Well-maintained 2,500 sq ft building includes indoor and outdoor dining, a full commercial kitchen, and an ice cream station. Security system in place.
    Request Owner's contact information
    36422 Ny-23 Grand Gorge, NY 12434
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    Grand Gorge, NY 12434
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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
    36422 Ny-23 Grand Gorge, NY 12434
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