Located at one of the busiest crossroads of Columbia County and just 10 minutes from downtown Hudson, NY, this classic roadside restaurant and gathering place offers a prime location for serving both local patrons and visitors to the Hudson Valley. This property presents an exceptional investment opportunity to establish a high-profile presence in a thriving culinary region. The central, full-service kitchen is equipped with a 60-inch range with two ovens, 4 burners, and a 36-inch griddle, a 16-foot commercial exhaust hood, an Ansul fire suppression system, a 72-inch worktop refrigerator with a butcher block top, stainless steel prep tables, sinks, a dishwasher station, and a wide array of food prep equipment. A rear storage area houses shelving for dry goods, additional coolers, and an office with a camera surveillance system. Two exterior walk-in coolers provide generous cold storage space. A gas-fired wood-burning commercial smoker is perfect for creating classic BBQ. The front service area features soft-serve ice cream machines, a milkshake machine, an under-counter ice maker, a Kegerator/Beer Dispenser with two tap towers, and two service windows. A modern touch screen POS system ensures streamlined operations and excellent customer service. The partially covered outdoor seating area, complete with spacious picnic tables and yard games, creates a welcoming, family-friendly environment. This versatile property offers endless possibilities for the imaginative buyer. While it's well-suited as a walk-up restaurant, it can also be transformed into a bustling farm market, a quaint general store, or a purveyor of gourmet provisions. No matter the concept, it's the perfect opportunity to feature fresh, hyper-local ingredients from the area's farms, dairies, and craft breweries. Renowned for its vibrant food scene and picturesque landscapes, the area's increasing popularity and steady influx of tourists ensure a consistent flow of potential customers, while the local community's support enhances the property's appeal. Whether you are an experienced investor looking for a new venture, a professional chef eager to showcase your culinary talents, or a restaurateur ready to expand your portfolio, this property is a rare gem in one of the most desirable locations in the Hudson Valley perfect for upstate's next iconic roadside eatery, a charming market, or any other vision you wish to bring to life.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
Total Monthly Payment | $2,337 | $2,335 | $2,942 |
* 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.