Amazing opportunity to own this highly visible mixed use building! Well established bar / restaurant is located along River Road and is passed by just about everyone traveling from New Windsor to Newburgh's thriving Waterfront scene. This has been an established bar for over 40 years. Operating daily from 10am 2am, you'll find a fully stocked bar with cold beers on tap and a good selection of American Bar Food. Main room maintains a classic, wood bar with seating for 12, and an additional 24 bar-table seats. There is an under-sized pool table and darts area towards the back of the room which could be removed for more seating. The back / private room services 8 guests or acts as the perfect spot for hosting live music, karaoke and trivia night. The bar comes equipped with a brand new furnace and AC unit. Take advantage of the history here. The current Owner's investment and sweat equity will allow you to run your business for years to come! Additional income from the 3 BR, 1 BA apartment above is an added bonus or ideal for that live-work setup. This listing is located in the PI-Planned Industrial Zone but has a Zoning Exemption / Use Variance that allows for both the restaurant and residential apartments. Financials and FF&E available upon request. This listing includes the real estate and the business.
MLS# | H6268291 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1967 |
Days On Site | 371 |
Listing Provided By | Keller Williams Valley Realty | Jon Paul Molfetta |
Units | 2 |
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Building(s) | 1 |
Zoning | PI - Planned Industrial |
State | NY |
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County | Orange |
City | New Windsor |
Zip Code | 12553 |
Subarea | 99 |
School District | Newburgh |
Elementary School | Newburgh |
Middle School | Newburgh |
High School | Newburgh |
Listing VS Median (in 12553) | |
Price: $799,000 low | high Med: $420,000 On Site: 371 low | high Med: 84.000000 |