3399 Route 82 Verbank, NY ^$ 525,000

3399 Route 82

^$ 525,000

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3399 Route 82

Verbank, NY, 12585

^$ 525,000

Studio Baths0.0 Sq 2,000

Monthly Estimate*

^$ 3,667

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Studio

Commercial Property for sale in Verbank, NY

for $525,000. This 2,000 square foot building was built in 1940.

THE IRON FURNACE IS A WELL ESTABLISHED, THRIVING RESTAURANT & BAR WITH A PROVEN TRACK RECORD. THIS ESTABLISHMENT IS LOCATED ON ROUTE 82 IN THE HAMLET OF VERBANK, NY, A HIGHLY VISIBLE LOCATION JUST MINUTES FROM THE VILLAGE OF MILLBROOK. IT HAS DRAWN CUSTOMERS FROM NEAR AND FAR AS IT IS WELL KNOWN FOR QUALITY FOOD AND GREAT ATMOSPHERE. IT HAS A STRONG CUSTOMER BASE AND EXCELLENT GROWTH POTENTIAL. THIS OPPORTUNITY IS TURN KEY; FULLY EQUIPPED, OFFERING 40 SEATS IN THE DINING ROOM AND 25 IN THE BAR AND MANY UPGRADES OVER THE LAST 10 YEARS. WITH ITS WELL KNOWN LOCATION, RECENT RENOVATIONS, SOLID HISTORY OF PROFITABILITY EXCEPTIONAL REPUTATION AND ESTABLISHED GOODWILL, THIS RESTAURANT IS READY FOR NEW OWNERS TO STEP IN AND CONTINUE ITS SUCCESS. THIS IS A GREAT OPPORTUNITY FOR ASPIRING OR EXPERIENCED RESTAURATEURS, OR AN INVESTOR.

Commercial Active

Price

^$ 525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,493

Style

Retail

Year Built

1940

Town/City

Verbank

County/Region

Dutchess

MLS | Web ID

416549

Features

General

Heating Forced Air Oil

Cooling Ceiling Fan Wall Unit(s)

Roof Asphalt Shingles

Garage 26-50 Spaces

Zoning NC

Stories 1

Class COMMERCIAL/INDUSTRIAL

High School Millbrook High School

School District Millbrook Central

Elementary School Elm Drive Elementary School

Interior

Flooring Wood

Exterior

Foundation Block Masonry Slab

Water/Sewer Septic Well

* Excluded Features

List By

GEORGE WHALEN I I I

Listing Agent

George T. Whalen Real Estate Ml

Broker

george.whalen3@gmail.com

Affordability Calculator

$4,042

Per Month

Monthly Principal & Interest: $3,667
Monthly Property Taxes: $374
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Verbank, NY

Average List Price ^$525,000

Percent of Sale Price 0%

About Verbank, NY

837 Population

-2% Since 2002

^$84,433 Median Income

46.02 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1995242 Elementary School

3451852 Middle School

Millbrook High School High School

Pricing History

Date	Price	Price Change	Description
6/28/2023	$525,000		Listed Price

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3399 Route 82, Verbank, NY, 12585 is a Commercial Property for sale at $525,000 with 2,000 sqft. 3399 Route 82 is a studio with 0.0 baths and was built in 1940. The property's zip code is 12585 which is in Verbank, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Believed Accurate But Not Warranted.

Copyright 2024 Mid-Hudson Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other that Weichert Realtors are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

This data has been updated as of 7/31/2023

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3399 Route 82

Commercial Property for sale in Verbank, NY

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