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Station Grill Restaurant 2578 Route 55

6,000 SF 33% Leased Retail Building Poughquag, NY 12570 $1,395,000 ($233/SF)

Investment Highlights

  • This recently renovated, well-maintained property features an excellent opportunity for an owner user to utilize for their business.
  • The land behind the restaurant is suitable for outside dining or rented tenant parties.

Executive Summary

4,500SF RESTAURANT & BAR w/ PROPERTY $1,395,000
DUTCHESS COUNTY Prime Rt. 55 frontage location. Beautiful, grand entrance leads to exposed beams with 30 ft high cathedral ceilings to entertain the public. Detailed glass, tile, woodworking & molding throughout, accented by LED stained-glass. Stop in for a burger or steak or grab a live show and a pint at the horseshoe bar with 20 taps! Live entertainment on weekends. 16 stool horseshoe bar with towering center display. Tile flooring throughout bar room/center restaurant with separate party room w/ hardwoods. Multiple bathrooms. Banquettes for dinner service or private parties. New tap lines & system. Seats 100+. Upgraded fully equipped kitchen with new refrigeration. Would make incredible location for brewery with separate dining room conversion to hold onsite brewery vats and equipment. Brand new, outside tented patio. Recent property overhaul and upgrades on parking lot, curbing, landscape. Updated septic. Could not duplicate this beauty for under $2mn. High traffic count. Excellent signage and parking with street and overflow parking. Central location surrounded by Pawling, Lagrange, Brewster, Danbury, Poughkeepsie, Millbrook. Owner’s retiring. Carry the torch. Business only with long term lease for $395,000. ID370RESTAURANT Call or text. NDA Required.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Building Class
C
Year Built
2011
Price
$1,395,000
Price Per SF
$233
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
0.92 AC
Zoning
C-2 - Highway Commercial - Retail/Office/Service
Parking
40 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
198 FT on Route 55

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
132200-6759-04-685204-0000
Land Assessment
$192,000 (2023)
Improvements Assessment
$458,000 (2023)
Total Assessment
$650,000 (2023)
  • Listing ID: 33312153

  • Date on Market: 5/20/2023

  • Last Updated:

  • Address: 2578 Route 55, Poughquag, NY 12570

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