Mixed Use Building on the Water

Hidden Address $699,999 For sale

Property Features

Property TypeFor sale Year Built-
SQFT- Tenancy-
Building ClassA Zoning-


  • Proparty Sub CategorieMixed Use
  • Pro Forma Cap Rate7


Beautifully renovated in 2008 brick building is located right on Restaurant Row with fabulous frontage on desirable Kauneonga Lake in the Town of Bethel. This very popular destination spot is bustling all season long. Main level is currently operating as a busy restaurant and is fully equipped (equipment also for sale). There are two units being occupied by the restaurant, each with separate electric meters and heating, so could be two separate businesses. Very large deck for outdoor seating, one of the largest on the strip! With three apartments for income upstairs (always full!) this acquisition makes sense. Rents are: 1900, 800, 850, 725. The restaurant is taking both spaces on first floor, one side for kitchen, other for dining and bar. Insurance is $4900 a year, common electric is approx $40 per month. Tenants pay all utilities. There is also ability to put in docks and rent dock space. Pictures are accurate.  

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