Diner and a 5 bed 2 bath over under configured residence for $1,500,000

Lake Commercial For Sale

Diner and a 5 bed 2 bath over under configured residence for owners or staff commanding the southwestern corner of Greenwood Lake on the primary route to Greenwood Lake Village and Warwick NY! An almost 2 acre lot accessed from two streets, 180 feet on Greenwood Lake Turnpike, Route 511 where it becomes Union Valley Road intersecting Lakeside with 235 feet of additional road frontage. There is a newly paved and striped oversized parking lot in this prime location with well established classic charm and timeless appeal, a hotspot for locals and visitors alike. This diner with a 2 apartment-type house currently producing 52800 in annual rental income is a canvas for culinary entrepreneurs and business visionaries alike with the nearest diners an average of 20 miles or 30 minutes away. A hub of year round activity awaits your dining creativity. There are 22 dining booths, 10 free standing tables, 11 counter stools and an outdoor seating area for customers. The kitchen has 10 and 6 burner gas ranges, 2 grills, 3 fryolators, prep counters and sinks, an oversized dishwashing station and more, a high-capacity set-up. A full basement has 4 additional walk-ins and multiple partitioned structural steel and block surrounded storage spaces. The oversized parking lot fronts both Greenwood Lake Turnpike and Lakeside Road heading up the west side of the iconic public motor boating lake with marinas all around that is half in New York and half in New Jersey.