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Business For Sale

Perfect Mixed Use Old Farmhouse in Quaint Town

Sugarloaf/Orange County, NY

Commercial Real Estate: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$299,900
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
circa 1910
0
96028567
Owner Financing is Available!
Owner willing to finance up to $199,900.

Business Overview:

Excellent visibility in center of town! Reduced to sell - lowered from original asking price of $359,000 - seller highly motivated! Building has a history including Roosevelt attending a wedding at this place. Great location. Sugarloaf is an Orange County small town, home to celebrities and NYC commuters. One hour and 10 minutes to NYC. This is a town nestled in rolling foothills with scattered small farms and horse ranches. Center of town includes a miniature village of small shops which include housewares, crafts, clothing and food specialty shops. This small town is located directly off Route 94 and close to Woodburry Commons and NYS Thruway.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Formerly was known as the original Sugarloaf Inn, a restaurant/catering Inn, which was operated by a couple for 30 years before retiring in early 2000's. Rustic, spacious surrounding grounds with 115 feet of road frontage and a depth of 131 feet. The property underwent a renovation in 2003 and was converted into office space for an accounting firm and the downstairs became a Dance Studio. There are 2 separate units (potential for 3) with separate entrances. Upstairs includes a waiting room and offices with bath. 1st Floor has 3 units plus 2 baths. New furnace recently installed. Upgraded to natural gas for heat and hot water. Municipal water and sewer. This is an old farmhouse style building with wide plank wood floors throughout. Approved for a 3 bedroom apartment upstairs - perfect for a home upstairs with business on 1st floor or a nice rental income. Parking for 22 cars.

Market Competition and Expansion:

Very limited competitive commercial space of this type is available within this town. This is a small town in a village style setting. This property is nestled on what would be considered the main road. This is an ideal property in a country-like setting - perfect for a small business relocating. Great location for a professional/dental/medical/small business of almost any type

Reason for Selling:

personal

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This may become a franchise resale opportunity.

Resources: