ULSTER-Town of NY - ID: 20202262
On the Market
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  • Price: $697,900
  • Bedrooms: 4
  • Bathrooms: 1 (full)
  • Sq. Feet: 3,861
  • Acreage: 1.04
  • Year Built: 1984
  • School District: KINGSTONCONSOLD
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Mixed Use

Description: Multi-family and Bed & Breakfast investors pay attention. Local zoning allows for a change of use to accommodate a multi residential opportunity. Convert all three floors to multiple residences and capitalize even further.--------Welcome to REGINATO RISTORANTE. This well established and busy restaurant has it all, and is now available as a turn key investment. For over 30 years the Reginato family has been serving the Hudson Valley Northern Italian cuisine in a casual atmosphere. Fantastic food and exceptional service at a great location has been their recipe for success.-------Location is key and this almost 4, 000 sq.ft. building with its road front lighted sign is close to all the amenities including the busy Ulster Ave/9W corridor, Kingston-Rhinecliff Bridge, NYS Thruway, Poughkeepsie Train Station/Metro-North, Mid Hudson Bridge and less than 20 minutes from Rhinecliff Amtrak Train Station.-------First floor offers dining for up to 70 patrons with full service beverage bar and full functioning kitchen. Private gatherings can be held on the 2nd floor with additional dining for up to 30 patrons, a stage area, another full service beverage bar and bathroom facilities. There is also a third floor with ample office and storage space. The lower level of this fine establishment houses a laundry area with wash basin, walk in freezer, wine gathering nook, lots of storage and even a shower.-------The outdoor patio situated alongside functioning ornamental fountains is open for dining and seats about 50 patrons. On the grounds is parking for @ 40+ cars, a Bocce ball court, and a detached 2 story barn. The property is just over an acre with the possibility for more parking and is connected to the public water system. Sale includes building, fixtures, furniture and kitchen equipment.

FEATURES:
ZONE: 37
LOT DIMENSIONS: 1.04
ELECTRICITY: Circuit Breakers, 200 Amps
LOT FEATURES: Landscaped, Level, Parking Lot, Other/See Remarks
LOT/SITE: Hamlet/Village
ROAD FRONTAGE: City Street, Paved

Listing courtesy of: Murphy Realty Group / Listing Agent: Rodney Batista
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The data on this website relating to real estate comes from the (IDX) of the Multiple Listing Service of Ulster County. Real estate listings of brokerage firms other than Grist Mill Real Estate are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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