7400 Us-209, Napanoch (Wawarsing), NY, 12458 | $1,295,000

Location, location, location with room to GROW! Strategically positioned restaurant, wedding/event venue and catering facility is fully equipped and turnkey. This recently upgraded establishment has parking for 250 and seating for hundreds with unsurpassed potential! Super high visibility, high traffic, and easy accessibility with frontage on two busy roads, this is a location that can't be beat! Building and signage are extremely visible sitting up high from the road and fronting with 1200+ feet of exposure directly on US Route 209 and 1100+ feet on Old Route 209. This substantial 5. 9+/- acre property is backed by Tractor Supply, next to Walmart, and across from a facility that employs over 400 people. The restaurant building is equipped with sprinkler system, alarm system, central AC, offers over 6000 SF on main level and has several dining rooms, large bar, and a beautiful private bridal room with restrooms and lounging space. The second level offers additional square footage with offices, storage, and restroom. There is no lack of storage with exterior containers for seasonal items along with plenty of interior space and shelving for everything you will need. Offering includes walk ins, fully equipped kitchen, tables, chairs, tableware, full bar, glassware, TVs, and more (inventory list available). Icing on the cake is a heated 8000 SF event tent decked out for the fanciest of fests with chandeliers, wet bar and dance floor. With an impeccable reputation, established customer base, large service area for events, and amazing location, this is something you can bank on. Opportunity is knocking!

Features

  • Town: Napanoch
  • Property Type: Retail
  • Current Use: Food Service
  • Construction: Frame
  • Heating: Oil, Propane, Forced Air
  • Cooling: Central Air
  • Units: 2
  • Zoning: MU
  • Year Built: 2006
  • Est. Taxes: $26,578
  • School District: Ellenville
  • Appliances: Dishwasher, Dryer, Freezer, Oven, Refrigerator, Washer
  • MLS#: H6312991
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/H6312991/7400us209_napanoch_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Malek Properties   Phone: 845-583-6333

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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7400 Us-209, Napanoch (Wawarsing), NY, 12458

$1,295,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,036,000 $1,036,000 $1,036,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $2,215 $2,215 $2,215
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,128 $6,548 $8,883
Total Monthly Payment $8,468 $8,888 $11,223

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.