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    OFF-MARKET
    Commercial real estate

    132 Main St, Tannersville, NY 12485

    8,492 SF 2 ac lot Built 1920
    Property ID
    US63-4081133
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1920
    Total area 8,492 SF
    Lot 2 ac (87,120 SF)
    UPID US63-4081133
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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