Property summary
This exceptional 6,280 square foot commercial property, situated on a 0.92-acre lot at 2578 Route 55 in Poughquag, NY, presents a unique investment opportunity. Boasting prime road frontage, the building features a dramatic entrance leading to a captivating interior with exposed beams and soaring 30-foot cathedral ceilings, ideal for creating a memorable dining or entertainment experience. Intricate details, including custom glasswork, tile, woodworking, and molding, are accented by elegant LED stained-glass lighting. The property is perfectly suited for a variety of uses, such as a steakhouse, burger restaurant, brewery, or live music venue. A show-stopping horseshoe bar with 20 tap lines and seating for 16 patrons, along with a towering center display, is a key feature. The bar area and main dining space feature tile flooring, while a separate party room offers hardwood floors. Multiple bathrooms and banquette seating provide ample space for diners and private events. Recent upgrades include a brand-new, fully equipped kitchen with modern refrigeration, a new tap system, and a tented outdoor patio. Significant improvements have also been made to the parking lot, curbing, and landscaping. The septic system has been updated. The property benefits from high traffic counts, excellent signage, ample on-street and overflow parking, and a central location. With a capacity to seat over 100 guests, and the potential for on-site brewery operations (with a separate dining room easily adaptable for brewery equipment), this property offers significant potential for a thriving business. The asking price is $1,250,000. No lease is available.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Poughquag, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.