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56 Route 22 Pawling, NY 12564
$945,000
  • Commercial
  • FORECLOSURE
  • Year Built 1960
  • Mixed Use
  • ML# 918448

Property Details

Overview

Wonderful opportunity to own a highly visible, mixed-use commercial property on Route 22. In 1982, Karen opened Karen’s Diner and established a dining destination and landmark, well-known and well-loved. Large open Dining Room is filled with natural light, happy diners from near and far, and laughter. Cool Retro counter with stools is a classic! Restaurant seats 49. Average traffic count - 19, 000. Huge parking lot, expansive outdoor dining as well. Important features: One Acre lot with 300 feet of level Road Frontage. Two Bedroom Apartment is rented for $1, 900 month. Whole-Building Generac Generator. New Septic. Walk-in Cooler. Karen’s Diner serves breakfast and lunch. Adding dinner will greatly increase the current profit. Turn-Key Business. Owner is open to leasing the building or holding a mortgage. Annual rental income will cover the combined taxes and a portion of utility expenses. Turn-Key purchase.

Key Facts

  • Lot Size: 1
  • Lot Sq Ft: 43560
  • Taxes: $12,348
  • Sale or Rent: Sale
  • Foreclose: Yes
  • Zoning: HB

Additional Features

  • Construction Materials: Clapboard, Frame
  • Parking Spaces: Yes
  • Parking Facilities: Oversized, Parking Lot
  • Stories: 2

Interior & Utilities

  • Heat: Oil
  • A/C: Wall/Window Unit(s)
  • Water: Well
  • Sewer: Septic Tank

Financial

  • Taxes: $12,348
Listing Information provided courtesy of McGrath Realty Inc  845-855-5550
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