Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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