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963 Kings Hwy

7,372 SF Vacant Retail Building Saugerties, NY 12477 £664,498 (£90/SF)

Investment Highlights

  • Great location for any business.
  • Possibilities are endless.

Executive Summary

An amazing Banquet/Restaurant 3 building complex along a busy road. The possibilities are endless. This is a must see if you have any ideas for a food and beverage business. The first building is 2000 sqft which was upgraded in 2001 and it has high end professional kitchen equipment including pizza ovens. The second building is 2448 sqft, built in 2015 that has a gorgeous bar and dining area. The third building is a 3 bed 1 bath apt that is getting well below market value rent at 1,125. Come take a look and let your imagination go wild.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,372 SF
Building Class
C
Year Built
1962
Price
£664,498
Price Per SF
£90
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.05
Land Acres
3.45 AC
Zoning
06 - Commercial
Parking
26 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
315 ft on Kings Hwy

Amenities

  • Freeway Visibility
  • Restaurant
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4889-028.002-0003-026.200-0000
Land Assessment
£39,055
Improvements Assessment
£484,446
Total Assessment
£523,501
  • Listing ID: 28814345

  • Date on Market: 21/06/2023

  • Last Updated:

  • Address: 963 Kings Hwy, Saugerties, NY 12477

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