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155 Main, High Falls, NY, 12440 | $750,000
Rare opportunity to own ''The Spy'', an established and well-loved restaurant in one of the Hudson Valley's most desirable locations, High Falls. Make it your own and watch it grow into whatever you envision. With great visibility and frontage on Rt 213 as well as access from Orchard Lane (pvt rd), this property has so much to offer. Your business will flourish with patronage from all the locals in the area plus all the dual residents. With only a handful of restaurants around, this favorite spot offers amazing potential. There are two dining rooms, seating for up to 65, a stunning screened porch that can seat up to 30, and a custom bar that potentially seats 10. The current layout can accommodate both a private function and regular business at the same time. A turnkey operation with lots of potential for business expansion on over 2 level areas on over 2 acres of beautiful outdoor space. Current Board of Health has approved seating for 65. Lots of land for potential septic expansion. A wedding venue? Outdoor dining? Tented entertainment? Retail space? Let your imagination run wild. Lots of parking as well- 35 cars (plus 10 employee spaces) without expansion. With a great local prescence, how can you miss!! If owning a restaurant has been your dream, here is a chance to make your dream come true. Property has a septic system, Municipal water and a private well. Restaurant use is approved, and property is being offered AS IS. Any expansion would be subject to all necessary approvals. Sweet outbuilding awaits. . .
Features
- Property Type: Other
- Construction: Frame
- Utilities: Cable Connected, Natural Gas Not Available, Propane, Sewer Not Available, See Remarks, Water Connected
- Heating: Baseboard, Ductless, Fireplace(s), Hot Water
- Cooling: Ductless
- Zoning: B1
- Lot Size: 2.33
- Year Built: 1880
- Acreage: 2.33
- Est. Taxes: $6,960
- Lot Desc: Garden, Landscaped, See Remarks
- School District: Rondout Valley Central
- Appliances: Dishwasher, Free-Standing Range, Ice Maker, Refrigerator, Range Hood, Wine Cooler
- MLS#: 20255006
- Days on Market: 199 days
- Website: https://www.raveis.com
/prop/20255006/155main_highfalls_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills RegionListing courtesy of HOWARD HANNA RAND REALTY
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
155 Main, High Falls, NY, 12440
$750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $600,000 | $600,000 | $600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $580 | $580 | $580 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,501 | $3,646 | $4,863 |
| Total Monthly Payment | $4,173 | $4,318 | $5,535 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535