809 Bloomingburg Rd Bloomingburg, NY 12721
- Investment properties
- 1,812 SF
- 1.00 lot acres
Current Use by Public Records
- The Horse and Sulky Pub & Grill / Bar & Grill
Property Details for 809 Bloomingburg Rd
- Year built
- 1840
- Lot size
- 1.00 lot acres
- Property size
- 1,812 SF
- Zone code
- ENT-L
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 335200 3-2-1.1
- APU
- 3352003211
Description
This exceptional retail property, located at 809 Bloomingburg Road in Bloomingburg, New York, presents a unique investment opportunity. The 2,180 square foot building sits on a one-acre lot within the Light Enterprise District of the Town of Wallkill, Orange County. Currently operating as the Horse and Sulky Tavern, the property includes a fully equipped commercial kitchen featuring two ovens, fryers, a pizza oven, four stainless steel sinks, ample prep stations and racks, and a state-of-the-art venting system. The bar area is a highlight, boasting a wrap-around bar with seating for over 30 guests, a walk-in keg room and cooler, state-of-the-art refrigeration and ice machines, cold beer taps, a soda machine dispenser, four stainless steel sinks, newer roll-top coolers, prep stations, a center island for the register, and extensive cabinet and shelving space. A separate dining room offers additional seating with tables and booths, enhanced by vaulted ceilings, attractive ambiance, and recessed lighting. The building features updated flooring and wood barrel accents on the ceilings. Exterior amenities include a patio, a wrap-around cement front porch with stone columns, and ample paved parking ensuring high visibility and convenient access. The current occupant is interested in a leaseback agreement, terms to be negotiated. The property's location and versatile permitted uses within the Light Enterprise District make it an attractive investment for a variety of businesses. Priced at $780,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $525,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $530,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $550,000
- Retail
- $535,000
- Mixed-Use
- $540,000
- Hospitality
- $485,000
- Educational
- $545,000
- Residential Income
- $540,000
- Energy
- $560,000
- Income-Based Land
- $460,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Bloomingburg
- County
- Orange
- State
- New York
- Longitude
- -74.4305
- Latitude
- 41.5462
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA