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Property profile & analytics
OFF-MARKET
Commercial real estate

2212 Ny-145 East Durham, NY 12423

3,684 SF 1.1 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional business opportunity in East Durham, NY, presents a 3,684 square foot restaurant and bar with two furnished apartments. Situated on 1.1 acres at the corner of Route 145 and Route 67A, this property boasts a prime location, offering convenient access to numerous attractions including Windham and Hunter Ski Mountains (20 and 30 minutes respectively), Zoom Flume Water Park (5 minutes), the Hudson River (20 minutes), and several lakes and parks within a 20-30 minute radius. The restaurant features a full commercial kitchen, walk-in coolers, a circular bar, two dining areas with seating for up to 169 patrons, and an outdoor covered deck. A brick pizza oven adds to the charm and functionality of the space. The two apartments provide additional income potential: one is a one-bedroom, one-bath unit with a kitchen and living room, while the other is a studio apartment with one bath. Both are furnished. Built in 1990, the two-story building is well-maintained and offers significant potential for repurposing the commercial space into additional housing units if desired. The property includes three parking spaces and is zoned for restaurant use (421). The asking price is $395,000. This turnkey operation presents a rare opportunity to acquire a thriving business with significant upside potential in a desirable location. The property is currently 100% occupied with an occupancy date of September 10, 2024.

Property profile
Verified
Property type Commercial real estate
Year built 1990
Total area 3,684 SF
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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