544 Wurtsboro Mountain RdWurtsboro, NY 12790

Property Details for 544 Wurtsboro Mountain Rd

Year built

1950

Lot size

0.38 AC

Property size (Sq ft)

2,324 SF

Zone code

NR

Property type

Bars

Property subtype

Pubs

APN

484089 39.-6-4

APU

4840893964

Description

This turnkey bar and restaurant operation presents a unique investment opportunity in Wurtsboro, NY. Strategically located just off Route 17, this establishment enjoys high visibility and convenient access, benefiting from proximity to major attractions such as Resorts World Casino, the Bashakill, and Legoland. Currently operating as a successful Bar & Grill, the property boasts a full liquor license, a substantial bar area perfect for dining, and ample outdoor space including a porch and recreation area. Inside, a spacious dining room complements the bar, and substantial storage areas are available. The fully equipped kitchen features many recent upgrades to both its appliances and equipment. This is a truly established business, ready for immediate operation. Significant expansion potential exists with adjoining units available for lease both upstairs and on the main level. The upstairs area comprises six rooms and a full bathroom, offering versatile options for expansion or additional living space. The sale includes the ongoing business, allowing for a seamless transition to a new owner, whether continuing the current concept or implementing a different culinary theme. This is a rare opportunity to acquire a thriving business with significant growth potential in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $848,657

  6.5%

  $783,376

  7%

  $727,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $770,351

  Geo Method

  $765,208

• Alternative Use

  Use

  Valuation

  Residential

  $660,807

  Hospitality

  $605,295

  Educational

  $503,599

  Medical

  $520,918

  Retail

  $783,376

Location Insight

City

Wurtsboro

County

Sullivan

State

New York

Latitude

41.5889

Longitude

-74.5081

Property Tax & Assessments

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