5546 Route 22Millerton, NY 12546
For Sale
$100,000
View listing
- Turn key restaurants
- 2,684 SF
Property Details for 5546 Route 22
- Year built
- 1967
- Lot size
- 2.00 AC
- Property size (Sq ft)
- 2,684 SF
- Zone code
- A5A
- Property type
- Turn key restaurants
- APN
- 133889 7169-00-610925-0000
- APU
- 9223372036854775807
Description
This 2,984 square foot restaurant building is situated on a highly visible 2-acre lot along the busy Route 22 corridor, just south of Millerton Village. The property offers significant potential but requires extensive renovation. The exterior needs substantial work, including roof decking, perimeter posts and beams, all of which need replacing. There is evidence of mold present within the structure. Despite the needed repairs, the property boasts a recently approved Dutchess County Health permit for a 24-seat restaurant, based on the existing septic system. Parking plans are available for the site. It's important to note that the property includes wetlands. Access to the property is strictly controlled
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $719,696
- 6.5%
- $664,335
- 7%
- $616,882
-
Comparable approach
- Method
- Valuation
- Relative Method
- $884,935
- Geo Method
- $883,742
-
Alternative Use
- Use
- Valuation
- Residential
- $560,391
- Hospitality
- $513,315
- Educational
- $427,072
- Medical
- $441,760
- Retail
- $664,335
5546 Route 22, Millerton, New York
Location Insight
- City
- Millerton
- County
- Dutchess
- State
- New York
- Latitude
- 41.9169
- Longitude
- -73.5388
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,002
$35,200
$44,000
$79,200
-
$35,200
$44,000
$79,200
Comparable in this City
Similar Nearby for Sale
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].