1.3 Acres Lot
1.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 985486
Rental Info No
Year Built 1950
Annual Tax Amount $14,900
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Multi Family
Source onekey2
Property Description
Positioned directly on the water, the property includes a private beach area and multiple dock spaces ideal for generating additional income through dock rentals while drawing in boating traffic and lake visitors to the restaurant. These sought-after waterfront amenities not only enhance the customer experience but also increase tenant desirability and overall asset value.
The restaurant is currently vacant, presenting a prime value-add opportunity for an owner-operator or investor to reestablish a thriving waterfront destination. The residential component is well-suited for consistent cash flow, featuring a unit mix of one 2-bedroom, 1-bath apartment and four 1-bedroom, 1-bath apartments.
Zoned for commercial mixed-use, the property offers exceptional flexibility tailored to tourism and waterfront activity. Permitted uses include restaurants, retail, hospitality concepts, marinas, and a variety of recreational or visitor-focused businesses, with the option to maintain or expand the existing residential use.
A rare opportunity to acquire a true waterfront asset with strong income potential and long-term upside. Restaurant last fully operated in 2024. Business financials available upon request.
Location
State NY
County Orange County
Rooms
Basement Bilco Door(s)
Interior
Heating Baseboard
Cooling Zoned
Fireplace No
Exterior
Parking Features Attached, Parking Lot
Utilities Available Natural Gas Connected
Waterfront Description Lake Front,Lake Privileges,Water Access,Waterfront
View Water
Building
Lot Description Waterfront
Story 4
Sewer Septic Tank
Water Public
Structure Type Frame
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Special Listing Condition None
Nearby Locations
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Licensed Real Estate Salesperson | License ID: 10401267947