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Property profile & analytics
OFF-MARKET
Commercial real estate

2478 Ny-145 East Durham, NY 12423

2,904 SF 23.7 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional 2,904 sq ft business opportunity in East Durham, NY, presents a unique blend of established tavern and event venue. Situated on 23.7 acres encompassing three parcels, this property boasts a prime location on Route 145, offering easy access to major attractions like Zoom Flume (5 minutes), Windham and Hunter Mountain ski resorts (20 & 30 minutes respectively), and more. The two-story building, constructed in 1980, features a fully equipped commercial kitchen, full bar, ample storage (including walk-in freezer and dry goods room), and a remarkable ten bathrooms. The upper floor includes four ensuite bedrooms. Outdoor amenities are extensive, including a large pavilion (90x30 ft), multiple seating areas accommodating hundreds, a fire pit, creekside cabanas, and two parking areas. The property also benefits from two wells, a new septic system, and a pump station. Included are two liquor licenses and a New York State Gaming License with Off Track Betting capabilities. A shuttle bus and optional food trailer are available for both on-site and off-site events. The property is zoned 415, 438, & 322. This turnkey operation is offered at $2,495,000 and presents a rare opportunity for an owner/user investment. The property is exceptionally maintained and ready for immediate operation. The APN is 35.03-1-49. Ownership is held by Doyles Tavern 145 LLC. The sale is considered distressed.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Total area 2,904 SF
Lot 23.7 ac (1,032,372 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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