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Lakeside Restaurant, Bar, Marina and Hotel 40 Sterling Rd

6,109 SF Retail Building Greenwood Lake, NY 10925 $3,700,000 ($606/SF)

Investment Highlights

  • Beautiful Lakeside Restaurant, Bar, Marina, and Boutique Hotel

Executive Summary

Exclusive Lakeside Restaurant, Bar, Marina, & Boutique Hotel Opportunity in Upstate NY
40 Sterling Rd, Greenwood Lake, NY 10925
Presenting a rare and exceptional opportunity to own a thriving hospitality assemblage in the heart of Greenwood Lake, NY. Nestled on two deeded and meticulously maintained lakeside properties, this multifaceted venue offers:
15,709 ft² of beautifully crafted, versatile building space.
A private indoor dining room with a handcrafted stone fireplace seating 95 guests, plus an additional 80 seats in the bar/pool lounge.
An outdoor deck and event space accommodating up to 250 guests, ideal for weddings, private parties, and corporate events.
Charming lakefront ceremonial settings and an enclosed Tiki Bar to create unforgettable experiences.
A revenue-producing marina with boat slips on historic Greenwood Lake.
Redevelopment Potential
This turnkey business is a fully operational and profitable package, ready for immediate ownership and management. The property also presents a once-in-a-lifetime redevelopment opportunity to transform it into a boutique hotel and spa, capitalizing on its historic lakefront location and proximity to NYC.
Key Features
Indoor and outdoor event spaces are designed to host large-scale gatherings.
Iconic lakeside ambiance, perfect for drawing a diverse clientele, including locals, tourists, and destination event seekers.
Proven profitability with untapped growth potential in the hospitality market.
Investment Highlights
Calling all NYC hospitality groups and visionary entrepreneurs! This property offers both stability and growth in a market with increasing demand for upscale, all-in-one hospitality venues.
Listing Price: $3,700,000.
Take advantage of this rare opportunity to acquire a thriving and multi-revenue stream property with unmatched lakeside charm.
Contact us today for more information or to schedule a private tour.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,109 SF
Building Class
C
Year Built
1966
Price
$3,700,000
Price Per SF
$606
Tenancy
Single
Building Height
2 Stories
Building FAR
0.07
Lot Size
1.90 AC
Zoning
400 - Commercial

Nearby Major Retailers

Chase Bank
Country Kitchen-greenwood Lake

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
335403-316-000-0002-008.100-0000
Land Assessment
$58,400
Improvements Assessment
$39,000
Total Assessment
$97,400
  • Listing ID: 32496242

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 40 Sterling Rd, Greenwood Lake, NY 10925

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