Property summary
This unique Tivoli, NY property presents a rare opportunity to acquire a combined retail space and residential dwelling on a single lot. Located at 5084 Route 9G, this 43,560 square foot parcel boasts a high-traffic count due to its prime position at the Broadway entrance to the Village of Tivoli. The existing structure currently functions as a restaurant, featuring a chef-designed kitchen, soaring ceilings in the bar area, vaulted ceilings in the dining room, and stunning mountain views. A large parking lot ensures ample customer parking. The property also includes a full basement with a convenient loading dock and a recently installed aerobic septic system. A separate home, renovated in 2015, sits on the rear of the lot, offering hardwood floors and a large upstairs bedroom. This presents the potential for additional income or the possibility of living adjacent to your business. The versatile space allows for a turnkey restaurant operation or conversion to suit a variety of commercial uses. The asking price is $650,000, and owner financing options may be available. This property offers a compelling blend of commercial and residential potential in a highly desirable location. Inquire today to explore this exceptional opportunity.
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
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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
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
RD3 · Tivoli, NYZoning
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Zoning designation
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