$417,500
$460,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
0.39 Acres Lot
SOLD DATE : 06/21/2023
Key Details
Sold Price $417,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6219396
Annual Tax Amount $12,945
Lot Size 0.390 Acres
Property Sub-Type Retail
Property Description
Home of the legendary Canterbury Brook Inn in the Village of Cornwall NY. This European / Continental restaurant is well known in the Mid Hudson area and is very conveniently located in the heart of Cornwall, minutes from busy route 9w, the Palisades Parkway and West Point. The building is of traditional design with 3 fireplaces and rooms perfect for large or smaller events. The current lease formally expires in Dec 2023 however will likely be renewed subject to tenant and owner agreement. At current lease rate, the real estate produces annual Net Operating Income of $28,500.
Location
State NY
County Orange County
Interior
Heating Baseboard, Electric, Forced Air, Natural Gas, Wood
Cooling Wall/Window Unit(s)
Exterior
Parking Features Off Site, Private
Utilities Available Electricity Available
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Structure Type Batts Insulation,Frame
Schools
High Schools Cornwall
School District Cornwall
Others
Special Listing Condition None
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Bought with Century 21 Hudson Valley Rlty.
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