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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

711 County Route 3 Ancramdale, NY 12503

Built 1979
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of a well-established and profitable restaurant in Ancramdale, NY. Located on 7.5 acres of land at 711 County Route 3, this property enjoys a prime location just minutes from Lake Taghkanic State Park and Hillrock Estate Distillery, ensuring high visibility and convenient access for patrons. The restaurant itself features a spacious dining area, a cozy bar perfect for intimate gatherings, and a large banquet hall ideal for hosting special events and celebrations. An expansive outdoor deck provides stunning views of the surrounding countryside, creating a memorable dining experience. The sale includes not only the established business and its excellent reputation, but also all necessary equipment, a valuable liquor license, and a significant advantage – a 2-bedroom apartment on the property. This apartment offers versatile use, potentially serving as owner's quarters or chef's accommodation. The property's convenient location directly off County Route 3 ensures easy accessibility from neighboring towns, attracting a broad customer base. This turn-key operation is poised for continued success, offering a unique blend of established business, prime location, and significant assets. This is a rare chance to own a thriving restaurant in a picturesque setting.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1979
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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