243-249 Orange Tpke - Restaurant FOR SALE


Sloatsburg, NY 10974
$2,100,000 USD
914-588-1585
243-249 Orange Tpke, Sloatsburg, NY for Sale
$2,100,000 USD
Restaurant - FOR SALE
1/23
null | 6.6% Cap Rate

243-249 Orange Tpke
Sloatsburg, NY 10974


HIGHLIGHTS

  • Taxes: $55,000
  • Zoning: MU-1 Mixed-Use
  • Acres: 2.6
  • Lots: 2
  • Existing Building: 4,310 SF - Former Restaurant
  • Additional Structures: Garage/Storage Building & Cottage

OVERVIEW

New 1200 home development 500 ft away. New zoning change- multi family is now allowable in the zone Call Village of Sloatsburg for more Info. 845 753 2727 The Klein Lefkowitz Commercial Team at Houlihan Lawrence Commercial is pleased to present an exceptional opportunity to acquire approximately 2.6 acres of commercially zoned land located along Orange Turnpike (NYS Route 17) in the Village of Sloatsburg, Rockland County, New York. The property is improved with a former restaurant building containing approximately 4,310 square feet, complete with commercial kitchen, bar, dining facilities and full basement, as well as a detached storage/garage structure and a renovated cottage. While the existing improvements may be suitable for adaptive reuse, the property's highest and best use may be redevelopment under the Village's MU-1 Mixed Use zoning designation. The site offers significant frontage along Orange Turnpike, one of the area's primary commercial corridors, and is strategically positioned near the New York State Thruway, Route 17, Route 287 and major regional employment centers. This offering presents developers, investors, institutions and owner-users with the rare opportunity to control one of the larger commercially-zoned development parcels in Sloatsburg.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity | 2.6 Acres

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

MU1

APN/PARCEL ID

392603-029-052-0001-003-000-0000

ASK ABOUT THIS PROPERTY

Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

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Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.