One-of-a-kind opportunity to acquire a stand-alone newly-constructed trophy dining destination in world-famous Woodstock. The property enjoys a superior location along Route 212/Tinker Street, adjacent to the thriving Bearsville Theater and the new Woodstock Public Library. The building's AIA award-winning retro-chic design delivers a unique visual draw and branding power, with 300 feet of high-visibility road frontage. 40+ private off-street parking spots make this an easy stop for the thousands of tourists and residents passing each day. State-of-the-art mechanicals and restaurant equipment deliver high efficiency and production capacity, with everything included in the sale. Seating for 90 patrons inside + take out counter and 1, 300-square-foot heated & covered outdoor dining area. Fully-equipped kitchen and prep area, 3 bathrooms, 100 sf walk-in cooler, 100 sf walk-in freezer, and two large 8x20 shipping containers for dry storage & business office. Woodstock is an established and extremely popular cultural and culinary hotspot, home to acclaimed restaurants and night spots like Silvia, Cucina, Pearl Moon, Early Terrible, Colony, The Red Onion, and Good Night. The property's recent success as the Dixon Roadside suggests a dedicated dining/drinking destination, but hybrid concepts such as the inclusion of a specialty food or seafood market should also be considered. Transform the patio into a four-season dining space, launch a gourmet fast-food concept, create a live music venue, or dream up a specialty retail experience. Bring your vision to this beautiful cutting-edge space and make your mark on the Woodstock scene. The unbounded potential of this spectacular Woodstock venue is illustrated by the recent ''Cheez In'' pop-up, which did 180, 000 in sales in a single week! Virtual tour, site plans, and walk-though video posted below. BuildingAreaSource: Public Records, BusinessType: Bar/Tavern/Lounge, Food & Beverage,
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,830 | $1,830 | $1,830 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,949 | $8,734 | $11,720 |
Total Monthly Payment | $9,904 | $10,689 | $13,675 |
* 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.