NEW PALTZ NY - ID: 20181179
On the Market
Ulster:20181179_1
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  • Price: $1,875,000
  • Sq. Feet: 4,700
  • Acreage: 1.80
  • Year Built: 1958
  • School District: NEW PALTZ
  • CONTACT
    Vetere Real Estate
    (845) 338-0571
    kvetere@vetererealestate.com
Property Type: Restaurant

Description: This was the home of J.P. Gumps, a very successful restaurant for many years. Sitting on a corner lot, I87 is on one side and Route 299 on the other. The interstate exit #18, is less then a hundred yards away. NYS Department of Transportation traffic count is 18, 100 vehicles per day on Route 299 and 41, 700 on Interstate 87. It sits at the edge of the Village of New Paltz a very active college town with a student population of 7, 857. The village itself at last census (2010), had a population of 14, 000 and the County 180, 000. The property has municipal water, natural gas, ample power and on site septic. Parking is more than enough to accommodate banquets and regular business simultaneously. The building is 4, 700 sq. ft. on the main floor with a full basement. The building is fully sprinkled and the hood, sinks, walkin and some other equipment remains. There is additional contiguous land available.

FEATURES:
NUMBER OF UNITS: 1
ZONE: B2
LOT DIMENSIONS: 1.8 Acres
CONDITION: Good, Fair
ELECTRICITY: Circuit Breakers, Three Phase, Underground, 300 Amps
LOT FEATURES: Additional Land Available, Corner Lot, Landscaped, Level, Parking Lot
LOT/SITE: Hamlet/Village, Suburb, Freestanding
ROAD FRONTAGE: State Road, Interstate

Listing courtesy of: Win Morrison Realty, Win Morrison Realty-K / Listing Agents: Dennis Cooper, Jeanne Rakowski
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