368 E Main St - Restaurant FOR SALE


Middletown, NY 10940- Middletown/Goshen
$1,200,000 USD
845-800-2208
368 E Main St, Middletown, NY for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/31
null | Request Cap Rate

368 E Main St
Middletown, NY 10940
Middletown/Goshen


OVERVIEW

A fantastic opportunity to own a turnkey established business in the ever-growing medical corridor located in the Town of Wallkill. Brought down to the studs and lovingly rebuilt, this 3,000 + square foot quaint restaurant/coffee house has an amazing feel with hardwood floors throughout, exposed beams, reclaimed wood bar and cozy stone gas fireplace. With over 75 seating options including a dining hall, bar, loft and outdoor covered porch, this space is perfect for your lunch and dinner crowds as well as any small private events. With a fully renovated and owned commercial kitchen this space allows for a busy weekday lunch/dinner crowd as well as a very well-established brunch on the weekends. The building offers a fully equipped prep area in the walk out basement, newer walk-in's and plenty of dry storage. No expenses were spared when renovating including spray foam insulation, 4 individual Mini splits (kitchen and basement included) and a full HVAC system to handle the dining hall. The Beer and wine license are in place and the bar, which currently seats 12, could be expanded as well. The Restaurant also has a small retail section for the sale of their well known Irving Farm coffee, as well as the ability to handle both to-go orders and off sight catering giving multiple revenue streams to the savvy restaurant operator. A second-floor apartment offers a great space for an owner operator or can be leased out to offset the rent. With hardwood floors throughout, separate heat and electric this third-floor apartment offers a sperate entrance featuring a large living room, spacious bedroom, laundry and full bath. Come be part of the Middletown renaissance and make this well-established eatery your own. The real estate is being sold with the turnkey restaurant business.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

HC

APN/PARCEL ID

335200-075-000-0004-002.000-0000

ASK ABOUT THIS PROPERTY

Chris OgdenRealty PromotionsMore Info
845-800-2208

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Chris OgdenRealty PromotionsMore Info
845-800-2208

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