711 County Route 3, Ancram, NY, 12503 | $725,000

Turnkey Restaurant & Event Venue | Columbia County, NY Set amid the rolling landscapes of Columbia County, this well-established restaurant and event venue offers a compelling blend of business opportunity and Hudson Valley charm. Ideally located with easy access to Hillsdale, Millerton, and the Berkshires, the property enjoys a steady flow of both devoted locals and destination guests. At the heart of the offering is a light-filled banquet hall designed to host weddings, celebrations, and private events of distinction. Accommodating up to 120 guests, the space features a full bar, cathedral ceilings, a generous dance floor, and access to a scenic outdoor deck overlooking the surrounding countryside-an idyllic backdrop for memorable gatherings. The restaurant itself is composed of three thoughtfully designed dining rooms, each offering a unique ambiance that ranges from intimate and cozy to open and welcoming, allowing for a flexible and engaging guest experience. Supporting the operation is a fully equipped commercial kitchen with professional-grade appliances, including a walk-in refrigerator and freezer, ample prep space, a private office, and a convenient loading dock-ensuring efficiency behind the scenes. With a strong reputation for quality and hospitality, the business continues to draw guests from across the region. Located just minutes from Hillsdale, Millerton, and Catamount Ski Resort, this turnkey offering presents a rare chance to own a destination

Features

  • Current Use: Restaurant
  • Permitted Use: Restaurant
  • Utilities: Electric Available,Phone Available,Cable Available
  • Garage: Off Street Parking,Unassigned Parking,Unpaved
  • Parking: 50-car
  • Heating: Baseboard,Hot Water,Zoned
  • Cooling: Central Air
  • Units: 1
  • Zoning: 07
  • Frontage: Paved Road
  • Year Built: 1958
  • Approx Sq. Feet: 6,548
  • Acreage: 7.56
  • Est. Taxes: $7,792
  • Lot Desc: Level Lot,Sloping Lot
  • MLS#: 24170978
  • Website: https://www.raveis.com
    /prop/24170978/711countyroute3_ancram_ny?source=qrflyer
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Listing courtesy of Elyse Harney Real Estate   Phone: (860) 435-0120

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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
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711 County Route 3, Ancram, 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** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.933%
Monthly Tax Payment $649 $649 $649
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,477 $3,618 $4,816
Total Monthly Payment $4,218 $4,359 $5,557

* 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.