355 Smith Ridge Rd - Restaurant FOR SALE


South Salem, NY 10590
$2,499,000 USD
914-232-7000
355 Smith Ridge Rd, South Salem, NY for Sale
$2,499,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

Nov '26


355 Smith Ridge Rd
South Salem, NY 10590


HIGHLIGHTS

  • • OVER 1 M INVESTED INTO REBUILD
  • • ALL NEW CONSTRUCTION
  • • 100+ CAR PARKING
  • • 100 PERSON OCCUPANCY
  • • PARTY/ EVENT ROOM
  • • 2 ACRES OF REAL ESTATE

OVERVIEW

Welcome to LaVista Restaurant in South Salem, NY - where a devastating tree fall has given rise to a stunning, extraordinary rebirth of this landmark restaurant. This is a rare and compelling opportunity to acquire both the prime real estate and the thriving business in one seamless transaction. This establishment will be delivered TURNKEY completely ready to open for business upon completion of construction, slated to be November 2026. Set on two acres of exceptional property, the brand-new ENTIRELY REBUILT building showcases impeccable all-new construction and thoughtful design. At its heart lies a new state-of-the-art kitchen equipped with brand-new modern appliances and a powerful hood system. The appointed dining areas comfortably welcome 100+ guests, complemented by a newly designed wine bar and a private VIP/Party Room for exclusive events, celebrations, and corporate meetings and gatherings. Situated on a high-visibility major thoroughfare with thousands of daily passersby, LaVista enjoys unmatched exposure in a desirable Westchester County location on the border of CT, attracting both NY and CT Patrons. A devoted, loyal customer base is already eagerly anticipating the reopening, providing an immediate foundation for strong revenue from day one. The building includes a two-bedroom residential apartment upstairs - ideal for an owner-operator or additional income. Whether you are a visionary restaurateur, seasoned investor, or entrepreneurial buyer seeking a turnkey lifestyle property, this is a rare chance to own a fully rebuilt, move-in-ready destination poised and proven for success. Additional highlights include: Ample on-site parking for over 100 vehicles, an expanded basement offering generous storage and operational flexibility, and an outdoor dining patio. LaVista awaits its next chapter - and the right steward to elevate it to even greater heights.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$555 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.11 AC

LAND SF

91,912 SF

ZONING

R1

APN/PARCEL ID

3000-049-00A-09846-000-0010

ASK ABOUT THIS PROPERTY

Justin PieragostiniColdwell Banker Commercial Realty Inc.More Info
914-232-7000

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Justin PieragostiniColdwell Banker Commercial Realty Inc.More Info
914-232-7000

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