2578 Rte 55 Poughquag, NY 12570-5115
Property profile & analytics
2578 Rte 55 Poughquag, NY 12570-5115
- Turn key restaurants
- 3,994 SF
- 0.92 lot acres
Property ID
US63-1526441
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Turn key restaurants
Property Details for 2578 Rte 55
- Year built
- 1983
- Lot size
- 0.92 lot acres
- Property size
- 3,994 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 132200 6759-04-685204-0000
- APU
- 9223372036854775807
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Poughquag
- County
- Dutchess
- State
- New York
- Longitude
- -73.686
- Latitude
- 41.6234
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$26,010
$192,000
$458,000
$650,000
-
$282,978
$675,022
$958,000
