WILBUR

Poughkeepsie, NY 12603

$1,750,000
Commercial

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

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Catering facility boasts a magnificent main room with capacity over 362 people plus additional 62 with use of outside areas. 30 + years remaining on current tenant favorable modified gross Lease Term. Rental Spaces include: 9,400 sq.ft. main facility (Panel walls allow for various configurations providing up to 3 event rooms), 2,500 sq.ft. roofed deck porch and landing; and 2,800 sq.ft. restaurant/caf with additional kitchen. Annual Rent includes CAMs, taxes, building maintenance, sewer and water costs up to $2,000/yr., 9 months of garbage removal costs. Landlord responsible for cost of snow removal and building maintenance. Tenant to pay for sidewalks and restaurant steps to be shoveled. Significant Capital improvement recently completed including upgrading to efficient HVAC systems. Very well maintained full facility backup generator on site. Building fully sprinklered with recessed sprinkler heads. Extra supply of utilities and equipment such as, motors, toilets, pumps etc. for emergency use. To be sold fully Turn-key with all equipment, tableware, furniture, etc. included. Wonderful location with attractive surrounding grounds.
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PROPERTY DETAILS

  • Interior
    14,700 Sq Ft.
  • Property Type
    Commercial
  • Year Built
    1970
  • MLS/Listing ID
    413088

Amenities

  • Central Air Conditioning
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Frame
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Listing Courtesy of RBR REAL ESTATE SOLUTIONS LLC EF