$ 1,400,000
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$1,400,000
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SqFt
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About the Listing KWINTG - 347227
Lakefront mixed-use investment opportunity on Greenwood Lake. This unique waterfront property features a commercial kitchen and restaurant space, alongside five income-producing residential units, offering multiple streams of revenue in a high-demand lakefront setting. Positioned directly on the water, the property includes a private beach area and multiple dock spaces ideal for generating additional income through dock rentals while drawing in boating traffic and lake visitors to the restaurant. These sought-after waterfront amenities not only enhance the customer experience but also increase tenant desirability and overall asset value. The restaurant is currently vacant, presenting a prime value-add opportunity for an owner-operator or investor to reestablish a thriving waterfront destination. The residential component is well-suited for consistent cash flow, featuring a unit mix of one 2-bedroom, 1-bath apartment and four 1-bedroom, 1-bath apartments. Zoned for commercial mixed-use, the property offers exceptional flexibility tailored to tourism and waterfront activity. Permitted uses include restaurants, retail, hospitality concepts, marinas, and a variety of recreational or visitor-focused businesses, with the option to maintain or expand the existing residential use. A rare opportunity to acquire a true waterfront asset with strong income potential and long-term upside. Restaurant last fully operated in 2024. Business financials available upon request.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Zoned
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Bilco Door(s)
- Other:
- Water: Public
Exterior Details
- Lot Description: Waterfront,Lake Front,Lake Privileges,Water Access
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Septic Tank
- Parking Features: Attached,Parking Lot
Financial Details
- Tax Amount: $14,900
- Taxes w/Assessments: N/A
- Tax/Property ID: 335403-311-000-0001-006.000-0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
649 Jersey Ave Greenwood Lake, NY 10925
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