1094 Rte 308, Rhinebeck, NY 12572-3459
This exceptional commercial property presents a rare opportunity to establish a thriving restaurant business in the desirable Rhinebeck, NY area. Situated on a picturesque one-acre lot just seven minutes from Rhinebeck Village, the property boasts stunning views of a neighboring horse farm. The 1,768 square foot building features a beautifully remodeled interior, showcasing gleaming wood floors, a custom-designed wrap-around counter crafted from high-quality, handmade materials, including a striking marble sink, and sophisticated lighting and tile work. The expansive commercial kitchen is fully prepared for immediate operation, equipped with multiple plumbing lines, a state-of-the-art Ansul fire suppression system, two large vented hoods, grease traps, and a robust commercial septic system. Outdoor amenities are equally impressive, encompassing a large patio, a spacious open grassy area perfect for outdoor dining or events, a covered patio offering shelter from the elements, and mature trees providing shade and ambiance. Ample parking is available, ensuring convenient access for patrons. This unique property combines a prime location, a meticulously remodeled interior, and extensive outdoor space, making it an ideal setting for a successful restaurant venture. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RC5 · Rhinebeck, NYRhinebeck. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.