For Sale
$195,000

22 Garden StRhinebeck, NY 12572

Upscale restaurant, fully equipped, established clientele

Overview

Added:
Dec 11, 2024
Days on market:
117
This 3,120 square foot, upscale restaurant in Rhinebeck, NY is a turnkey operation, ready for immediate ownership. Located at 22 Garden St, this single-unit establishment boasts a seating capacity of up to 88 during peak season (60 in winter, expandable with existing infrastructure for five heated outdoor tents). The property, built in 1960 and extensively renovated in 2020, features a high-powered kitchen with 14 burner tops, salamander broiler, two conventional ovens, two convection ovens, and a high-temperature dish machine. A large basement includes dedicated walk-in coolers for food and beverages, multiple freezers, a new pebble ice machine, a prep kitchen, pantry, and ample storage. The sale includes 85% of the equipment (mostly from 2019, some under warranty), ample backup supplies, POS systems, iPads, printers, and all intellectual property (social media, branding, website). The current lease, with a 3% annual rent bump, expires November 30, 2023, but a five-year renewal option is available. The owner is offering assistance with the transition, including relationships with suppliers and potentially the current chef. This is a rare opportunity to acquire a thriving, well-established restaurant with a strong reputation and all the necessary infrastructure for immediate success. The lot size is 3,120 square feet, and the asking price is $195,000 ($62.50/sq ft). The property is zoned commercial.

Highlights

  • Turnkey upscale restaurant in Rhinebeck, NY, ready for immediate ownership.
  • 3,120 square foot building with seating for 88 (peak season), expandable to accommodate five heated outdoor tents.
  • High-powered kitchen with 14 burner tops, salamander broiler, two conventional ovens, two convection ovens, and a high-temperature dish machine.
  • Large basement with walk-in coolers, freezers, prep kitchen, pantry, and ample storage.
  • Includes 85% of equipment (mostly from 2019, some under warranty), POS systems, iPads, printers, and all intellectual property.
  • Current lease expires November 30, 2023, with a five-year renewal option; seller will assist with transition.

Property Details for 22 Garden St

Property type
Retail properties, Restaurants
Square Feet
3,120 SF
Year Built/Renovated
1960/2020
Stories
1
Units
1

Location Insight

City
Rhinebeck
County
Dutchess
State
New York
Latitude
41.928025132938
Longitude
-73.913749999431
22 Garden St, Rhinebeck, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
22 Garden St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message