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2 Terwilliger Ln
New Paltz, NY 12561
Retail Property For Sale

Investment Highlights

  • Directly off NYS Thruway, 30,000 passing cars a day.
  • Turn Key, Newly Renovated and Well Maintained
  • L1 (Light Industrial) Permitted Uses

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
8,160 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.80 AC
Zoning
I1 - TONS OF PERMITTED USES HERE.
Parking
92 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
221’ on Terwiller lane

About 2 TERWILLIGER LN , NEW PALTZ, NY 12561

MINT COMMERCIAL BUILDING NEW PALTZ, N.Y.! CURRENTLY A SUCCESSFUL CATERING/BANQUET HALL. THE BUILDING HAS BEEN PROFESSIONALLY DESIGNED AND COMPLETELY RENOVATED. IDEAL BUSINESS/PROPERTY FOR OWNER/OPERATOR. PROPERTY HAS DIRECT NYS THRUWAY FRONTAGE AND SIGNAGE. ESTIMATED AT 30,000 PASSING CARS PER DAY. 300 SEAT CAPACITY-ONE OF THE LARGEST IN ULSTER COUNTY 80 CAR PARKING LOT. JUST UNDER 2 ACRES OF PROPERTY WITH WATER, SEWER, AND GAS. ZONING ALLOWS FOR MANY OTHER COMMERCIAL USES IN L1 (LIGHT INDUSTRIAL) ZONE. PROPERTY BORDERS TWO HOTELS- THE NEW HAMPTON INN BY HILTON AND AMERICA'S BEST VALUE INN. UPDATES INCLUDE 3 PHASE ELECTRIC, GAS FORCED HOT AIR HEATING, CENTRAL AIR, CERAMIC TILE FLOORING, 2 LARGE GRANITE TOP BARS, WALK-IN COOLERS, COMMERCIAL KITCHEN, ICE MACHINES, CHANDELIERS, GAS FIREPLACE, BATHROOMS, TWO OUTDOOR PATIOS, FIRE PIT, NEW STAR LIGHTS IN FOYER AND NEW STAGE IN BALLROOM PLUS MUCH..

Property Taxes

Property Taxes

Parcel Number
3889-086.012-0004-008.100-0000
Land Assessment
$163,800
Improvements Assessment
$468,000
Total Assessment
$631,800
  • Listing ID: 24222520

  • Date on Market: 10/4/2021

  • Last Updated:

  • Address: 2 Terwilliger Ln, New Paltz, NY 12561

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