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    OFF-MARKET
    Commercial real estate

    1480 Route 9, Tivoli, NY 12583

    3,000 SF 2 ac lot Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional mixed-use property, situated on a desirable two-acre corner lot at 1480 Route 9 in Tivoli, NY, presents a unique investment opportunity. The nearly 3,000 square foot building boasts a spacious former pizza tavern, complete with pizza ovens and restrooms, ideal for a variety of businesses including restaurants, breweries, or cafes. The property also includes a three-bedroom, one-bathroom, two-story apartment, providing an excellent live-work option. An expansive L-shaped enclosed porch offers additional living or dining space. The interior features hardwood floors throughout, enhancing the property's charm. Recent upgrades include a new roof, new windows on the upper floors, a new furnace, well pump, well tank, and hot water heater, ensuring peace of mind for the new owner. Adding to the property's versatility is a large 24x30 metal shop, previously used as a car detailing business. This property's strategic location between Tivoli and Clermont, near the Hudson River, offers easy access to farms, antique shops, and recreational amenities, as well as convenient commutes to Tivoli, Red Hook, Rhinebeck, and Hudson. The property is heated by oil and features an above-ground fuel tank. This is a rare opportunity to acquire a substantial mixed-use property in a thriving Hudson Valley location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1940
    Total area 3,000 SF
    Lot 2 ac (87,120 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
    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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