195 Route 6 Carmel, NY 10512
This exceptional retail property, located at 195 Route 6 in Carmel, NY, presents a lucrative investment opportunity. The established diner boasts a substantial 8,557 square feet of space on a nearly one-acre lot (0.91 acres), offering ample room for operations and potential expansion. Its prime location in the heart of Mahopac ensures high visibility, with over 20,000 vehicles passing daily, guaranteeing significant foot traffic and brand exposure. The diner's current configuration comfortably seats 215 patrons, catering to both large groups and individual diners. Its long-standing reputation and loyal customer base provide a solid foundation for continued success and potential growth. The expansive property also presents opportunities for additional business ventures or expansion of existing operations. Priced at $4,250,000, this property offers a unique blend of established success and significant growth potential in a high-traffic location. The substantial size and established clientele make this a truly exceptional investment opportunity in a thriving commercial area. This is a rare chance to acquire a well-established business with significant upside in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.