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Restaurant Investment Property In Pine Plains For Sale

Pine Plains, New York
Asking Price:
$695,000 (USD)
Sales Revenue:
Under $100K (USD)
Cash Flow:
$70,000 (USD)

MILLBROOK VILLAGE/ALDEN PLACE Near high school. 10% CAP RATE!!! Property included. 5, one BR apts. 3,000sf restaurant with large parking lot in lovely Millbrook village. Center village location in affluent, sought-after area. Property in excellent condition. Commercial restaurant space is currently leased and includes approx $75,000+ in fixtures, furnishings and equipment. Excellent cap rate. Village water and sewer. Walk to supermarket, church, school, golf course, park shops. Owner says sell! Easy landlord situation in popular town. All contents of restaurant incl equip and fixtures belong to landlord and are leased by restaurant tenant. Please do not disturb tenants including the Restaurant tenant. Restaurant is a tenant, they do not own the property. ***Restaurant is not for sale. Please be discreet and confidential if you do a drive by as to not disturb the apartment tenants. ID#1925APTS/REST Call or text Thomas Zengen

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