3645 Co Rd 67 / 3645 County Route 67
Large Catskills property for sale with 2 buildings and parking lot, including a fully outfitted bar & restaurant, 3 residential apartments and banquet hall converted to studio apartment.
Located outside of Cairo, NY at the intersection of State Road 32 & Country Route 67. Built in 1795 with full renovation in 1999.
10.5% CAP Rate
LAND ACRES: 0.66 AC
BUILDING FAR: 0.26
LAND: 28,750 SF
SEPTIC SEWER WELL WATER
64’ FRONTAGE ON ROUTE 32
25 PARKING SPACES
WHITE BUILDING RESTAURANT & BAR:
Approx 3,125 SF Restaurant Ground Floor
$54,000 estimated annual rent Fully vented hood with gas cooking Fire suppression system installed Full liquor license in place Approximately 54 seats in restaurant and 18 at bar Kitchen and bar equipment and furniture included
WHITE BUILDING APARTMENTS:
Approx 3,125 SF Total Residential 2nd Floor
APARTMENT A: 2 Bedroom / 1 Bath $19,200 Annual Rent Actual
APARTMENT B: 1 Bedroom / 1 Bath $11,100 Annual Rent Actual
APARTMENT C: Studio (vacant) $7,800 Annual Rent Estimated
RED BANQUET HALL BUILDING:
Approx 1,972 SF Banquet Hall / Studio Apartment
Building converted from banquet hall to large studio apartment. Apartment is Bi-Level with a mezzanine. $30,000 Annual Rent Estimated (Owner Occupied)