5084 Route 9GTivoli, NY 12583

Property Details for 5084 Route 9G

Year built

1985

Lot size

1.00 AC

Property size (Sq ft)

1,600 SF

Zone code

RD3

Property type

Retail properties

Property subtype

Turn key restaurants

APN

134889 6174-00-813944-0000

APU

9223372036854775807

Description

This unique Tivoli, NY property presents a rare opportunity to acquire a combined retail space and residential dwelling on a single lot. Located at 5084 Route 9G, this 43,560 square foot parcel boasts a high-traffic count due to its prime position at the Broadway entrance to the Village of Tivoli. The existing structure currently functions as a restaurant, featuring a chef-designed kitchen, soaring ceilings in the bar area, vaulted ceilings in the dining room, and stunning mountain views. A large parking lot ensures ample customer parking. The property also includes a full basement with a convenient loading dock and a recently installed aerobic septic system. A separate home, renovated in 2015, sits on the rear of the lot, offering hardwood floors and a large upstairs bedroom. This presents the potential for additional income or the possibility of living adjacent to your business. The versatile space allows for a turnkey restaurant operation or conversion to suit a variety of commercial uses. The asking price is $650,000, and owner financing options may be available. This property offers a compelling blend of commercial and residential potential in a highly desirable location. Inquire today to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $584,273

  6.5%

  $539,329

  7%

  $500,806

• Comparable approach

  Method

  Valuation

  Relative Method

  $530,362

  Geo Method

  $526,821

• Alternative Use

  Use

  Valuation

  Residential

  $454,944

  Hospitality

  $416,727

  Educational

  $346,712

  Medical

  $358,636

  Retail

  $539,329

Location Insight

City

Tivoli

County

Dutchess

State

New York

Latitude

42.0564

Longitude

-73.8979

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.