711 COUNTY ROUTE 3, Ancramdale, NY, 12503 | $725,000

Discover a beautifully maintained and highly regarded restaurant and banquet venue, ideally situated in the scenic heart of Columbia County, New York. With excellent accessibility and a strong, loyal following, this vibrant and established property presents an exceptional opportunity for a caterer, chef, or event professional to step seamlessly into a successful operation. This is turn key. The sun-filled banquet hall is thoughtfully designed to host weddings, celebrations, and special events, comfortably accommodating up to 120 guests. Highlights include a spacious dance floor, full-service bar, soaring cathedral ceilings, generous storage, and access to an outdoor deck showcasing sweeping countryside views—creating an unforgettable setting for any occasion. Guests are welcomed into three distinct dining rooms, each offering its own unique character and warm, inviting ambiance, ideal for both intimate gatherings and larger dining experiences. The property is supported by a fully equipped commercial kitchen featuring professional-grade appliances, a walk-in refrigerator and freezer, a private office, and a convenient loading dock to ensure efficient operations. Drawing patrons from near and far, the restaurant is celebrated for its cuisine and picturesque setting. Located just minutes from Hillsdale, Millerton, and Catamount Ski Resort, this offering combines a thriving business with an exceptional Hudson Valley lifestyle.

Features

  • Property Type: Other
  • Construction: Frame
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Trash Collection Private, Water Connected
  • Parking: 50-car, Parking Lot
  • Levels: 2
  • Heating: Baseboard, Hot Water
  • Cooling: Central Air
  • Units: 1
  • Year Built: 1979
  • Acreage: 7.56
  • Est. Taxes: $7,863
  • Lot Desc: Level, Views, Waterfront, Wooded
  • View: Water
  • Water Front: Yes
  • MLS#: 992015
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/992015/711countyroute3_ancramdale_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Elyse Harney Real Estate   Phone: 518-789-8800

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

711 COUNTY ROUTE 3, Ancramdale, NY, 12503

$725,000

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 $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.730%
Monthly Tax Payment $655 $655 $655
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,474 $3,618 $4,736
Total Monthly Payment $4,221 $4,365 $5,483

* 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.