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    FOR LEASE
    Strip malls

    145 Rte 22, Pawling, NY 12564-3214

    15,671 SF 5.56 ac lot Built 1987
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US63-1644152
    Property summary
    AI-generated overview

    This 1,264 square foot restaurant presents a fantastic opportunity in Pawling, NY. Located on Route 22, a high-traffic area with 17,660 cars daily, this property boasts excellent visibility. The building includes a charming covered porch, ideal for additional seating. Inside, the restaurant comfortably seats 30 patrons and features all-new appliances. The current lease is for 10 years at $1,700 per month, with 9 years remaining. This turnkey operation is situated near a Hannaford supermarket and other retail businesses, ensuring a strong customer base. The existing pizza restaurant is fully equipped and ready for immediate operation, offering significant potential for growth through extended hours or menu expansion. The property includes both retail space and land. This is a prime opportunity for an established restaurateur or a new business owner looking to capitalize on a high-traffic location with strong retail presence. The asking price is $125,000.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Total area 15,671 SF
    Lot 5.56 ac (242,194 SF)
    Zoning code HB
    APN 134089 7056-00-445030-0000
    UPID US63-1644152
    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
    Noshsons Corp · 9 yrs held
    Noshsons Corp
    since 2016
    7 recorded transactions
    2016
    $2.1M
    2016
    2011
    $1.4M
    1969
    1969
    1969
    1969
    Zoning & alternative use
    HB · Pawling, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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