708-720 Parksville RdParksville, NY 12768

For Sale
$799,000

Established Diner, 8.65 Acres, High Traffic Area.

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional commercial property, located at 708-720 Parksville Road in Parksville, New York (zip code 12768), presents a unique investment opportunity. The property encompasses a substantial 8.65 acres of land zoned for commercial use, currently housing an established restaurant known as the I-86 Diner and House. The asking price is $799,000. The property's prime location offers high visibility and accessibility, making it ideal for continued operation of the existing restaurant or for redevelopment into other commercial ventures. The property's substantial size allows for significant expansion or the addition of complementary businesses. Real estate taxes are substantial, with school taxes amounting to $14,903.76 and town taxes at $10,565.40. This represents a rare chance to acquire a well-established business with significant land holdings in a thriving commercial zone within Sullivan County, New York. The property's versatility and location make it an attractive proposition for both seasoned investors and entrepreneurs seeking a foothold in a busy commercial area. The existing restaurant infrastructure provides a solid foundation for immediate revenue generation, while the ample land offers considerable potential for future growth and development. Serious inquiries are encouraged.

Highlights

  • 8.65-acre commercial lot in Parksville, NY (12768) at 708-720 Parksville Road.
  • Includes the established I-86 Diner and House restaurant.
  • Asking price: $799,000.
  • High visibility and accessibility in a prime location.
  • Zoned for commercial use, allowing for expansion or redevelopment.
  • Annual real estate taxes: $25,469.16 ($14,903.76 school, $10,565.40 town).

Location Insight

City
Parksville
County
Sullivan
State
New York
Latitude
41.858388
Longitude
-74.759719
708-720 Parksville Rd, Parksville, New York
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708-720 Parksville Rd
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