For Sale
$195,000

22 Garden St Rhinebeck, NY 12572

Upscale restaurant, fully equipped, established clientele

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Retail property - Upscale restaurant, fully equipped, established clientele
Where is the retail property located?
The property is located at 22 Garden St Rhinebeck, NY.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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22 Garden St
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