6254 Main St Tannersville, NY 12485-7723
- Turn key restaurants
- 9,715 SF
- 0.82 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 6254 Main St
- Year built
- 1940
- Lot size
- 0.82 lot acres
- Property size
- 9,715 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Turn key restaurants
- APN
- 193603 165.20-1-11.2
- APU
- 193603165201112
Description
This exceptional 13,000-square-foot commercial property, located at 6254 Main St, Tannersville, NY 12485, presents a unique investment opportunity. The vacant, two-unit building, constructed in 1940 and renovated in 2001, sits on a 0.82-acre lot and boasts a prime location on Route 23A, directly across from the Tannersville Golf Course. The property features a full-service restaurant with seating for approximately 350 guests, a separate bar room, an outdoor bar and patio, a nightclub dance floor and stage, and a catering hall. A fully equipped commercial kitchen, a large basement with three walk-in units and dry storage, and ample parking are included. A three-bedroom apartment with a private deck provides additional space, ideal for staff housing or generating supplemental income. The property is zoned COM1 and benefits from high traffic visibility, being situated on a major thoroughfare with over 5,000 daily vehicles passing by. Its proximity to Hunter Mountain (a five-minute drive) and its location on a NYC bus route further enhance its appeal. The asking price is $2,000,000, translating to $153.85 per square foot. This turnkey operation is ready for immediate use and represents an ideal venue for a restaurant, bar, brewery, nightclub, or events hall.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $380,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $430,000
- Mixed-Use
- $470,000
- Hospitality
- $430,000
- Educational
- $400,000
- Residential Income
- $480,000
- Energy
- $370,000
- Income-Based Land
- $480,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Tannersville
- County
- Greene
- State
- New York
- Longitude
- -74.1451
- Latitude
- 42.1962