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    OFF-MARKET Estimated value $1,665,000
    Turn key restaurants

    49 Oakland Ave, Warwick, NY 10990-1518

    2,420 SF 0.46 ac lot Built 2016
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US63-2115113
    Property summary
    AI-generated overview

    This exceptional 2,420 square foot retail property, situated on a 0.46-acre lot in the highly sought-after Village of Warwick, NY, presents a unique investment opportunity. Currently operating as a successful restaurant and bar, the sale includes the building, land, and all operational trade fixtures. Built in 2016, the building is in outstanding condition and benefits from ample parking for 25+ vehicles. Located within a general commercial zone, this property offers significant flexibility for a variety of business ventures, extending beyond the current restaurant/bar operation. The prime location within the Village of Warwick ensures high visibility and accessibility, making it an ideal foundation for entrepreneurial success. The property's recent construction (2016) minimizes immediate maintenance needs, allowing for a seamless transition and focus on business operations. The substantial parking capacity is a significant advantage, accommodating a large customer base. This turnkey operation presents a rare chance to acquire a thriving business in a desirable location, offering both immediate income potential and long-term growth prospects. The included trade fixtures provide a complete and ready-to-operate setup, minimizing start-up costs and maximizing return on investment. The 0.46-acre lot provides ample space for potential expansion or outdoor seating. The property's zoning allows for diverse business applications, making it a versatile and attractive investment.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2016
    Total area 2,420 SF
    Lot 0.46 ac (20,000 SF)
    Zoning code 205
    APN 335405 229-1-1
    UPID US63-2115113
    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
    Current use
    Occupant on record · Public records
    • Double S Smokehouse Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.79M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.67M
    Owner & transaction history
    Ichooseyou LLC · 4 yrs held
    Ichooseyou LLC
    since 2022
    Last sale
    $1.5M
    2 recorded transactions
    2022
    $1.5M
    2013
    $200,000
    Zoning & alternative use
    205 · Warwick, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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