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Property summary
This exceptional investment opportunity presents a thriving, turnkey restaurant and tavern situated on a 0.27-acre corner lot at 553 County Road 94, Hankins, NY. Boasting 4,440 square feet, the property enjoys a prime location just off State Route 97, providing easy access to Callicoon and Port Jervis. The recently updated bar features a modern kitchen equipped with updated appliances and two restrooms. The spacious, open layout creates a welcoming atmosphere, complemented by an enclosed porch and a sizable backyard ideal for outdoor events and entertainment. The property's history as a local favorite ensures consistent foot traffic and strong revenue generation. A substantial barn offers ample storage space. Above the commercial space, a comfortable 3-bedroom, 1.5-bathroom apartment awaits, complete with a kitchen and formal dining area. A large, unfinished attic presents significant potential for expansion and customization. This established business is deeply integrated into the local community, offering a unique blend of commercial and residential living. The property's combination of a successful business and comfortable living quarters makes it an unparalleled investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
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Comparables
2 recent transactions · within 1.5 miComparable in this City
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
Derived from the Hankins market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
RR · Hankins, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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