795 Route 284 Westtown, NY 10998
For Lease
This lucrative turn-key opportunity encompasses a thriving multi-unit bar and restaurant in Westtown, NY, listed at $750,000. The main building features a well-established restaurant with seating for over 50 patrons, ample on-site parking, and a significant advantage: a fully licensed one-bedroom apartment on the second floor. This apartment presents a unique opportunity for future business expansion, potentially adding another restaurant or liquor license, or providing convenient housing for the business operator. Adding to its versatility, the property includes a separate building offering over 800 square feet of approved retail space, complete with additional storage. This additional space provides significant potential for increased revenue streams or alternative uses. The entire property presents a rare combination of established income-generating businesses and expansion potential, making it an attractive investment for discerning buyers seeking a profitable and versatile commercial venture. The property's location in Westtown, NY, offers convenient access to local amenities and a strong customer base. This is a truly exceptional opportunity to acquire a well-established and profitable business with significant growth potential. The property is being sold as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
NC · Westtown, NYWesttown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.