711 County Route 3 Ancramdale, NY 12503
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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