132 Main St, Tannersville, NY 12485
This exceptional restaurant opportunity, located at 132 S Main St, Tannersville, NY 12485, presents a unique blend of history and potential. The 8,492 square foot, three-story building, originally constructed in 1920 and extensively renovated in 2017, boasts a prime location less than 10 minutes from Hunter Mountain Ski Resort. Situated on approximately two acres in Greene County, the property features a commercial kitchen, large bar and lounge, a parlor with fireplace, and ample parking. The R2 zoning allows for potential future development. The building's wood frame construction, coupled with a 2017 roof replacement, ensures structural integrity. Municipal water and sewer services are readily available. This former bed and breakfast, with its 15 rooms, benefits from high winter traffic due to its proximity to the ski resort and strong summer traffic driven by nearby attractions like Rip Van Winkle Lake and Kaaterskill Falls. The asking price is $1,200,000 ($80,000 per unit). This is a remarkable chance to own a well-established business in a highly desirable location within the beautiful Hudson Valley.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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