5084 Route 9G Tivoli, NY 12583
- Turn key restaurants
- 1,600 SF
- 1.00 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 5084 Route 9G
- Year built
- 1985
- Lot size
- 1.00 lot acres
- Property size
- 1,600 SF
- Zone code
- RD3
- Property type
- 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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $335,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $340,000
- Mixed-Use
- $310,000
- Hospitality
- $300,000
- Educational
- $385,000
- Residential Income
- $325,000
- Energy
- $350,000
- Income-Based Land
- $290,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Tivoli
- County
- Dutchess
- State
- New York
- Longitude
- -73.8979
- Latitude
- 42.0564
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA