Property profile

2540 State Rte Poughquag, NY 12570

OFF-MARKET
Retail properties & Spaces
1,900 SF Built 1980
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Property summary

AI-generated overview

This thriving Italian restaurant, located at 2540 State Route 55 in Poughquag, Dutchess County, New York (zip code 12570), presents a unique investment opportunity. The 1,900 square foot space, built in 1980 and zoned for business/restaurant use, boasts a 75-seat dining room and a separate bar area. The asking price is $190,000, translating to $100 per square foot. The property includes a comprehensive inventory of commercial kitchen equipment, ideal for immediate operation. This includes two pizza ovens, ample refrigeration units (including a walk-in box), a deep fryer, a 16-burner stovetop, a grill, and two freezers. The property is situated in Town Plaza, easily accessible via Route 82 North, turning right onto Route 55. The business benefits from flexible lease terms, providing a solid foundation for continued success. This Class B retail property represents a turnkey operation ready for a new owner to step in and continue the established business. The property is a single unit within a larger commercial complex.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1980
Total area 1,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2540 State Rte Poughquag, NY 12570
Poughquag metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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