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56 Route 22, Pawling, NY 12564

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For Sale
Foreclosure

$945,000

1 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 1 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Wonderful opportunity to own a highly visible, mixed-use commercial property on Route 22. In 1982, Karen opened Karen's Diner and established a dining destination and landmark, well-known and well-loved. Large open Dining Room is filled with natural light, happy diners from near and far, and laughter. Cool Retro counter with stools is a classic! Restaurant seats 49. Average traffic count - 19,000. Huge parking lot, expansive outdoor dining as well. Important features: One Acre lot with 300 feet of level Road Frontage. Two Bedroom Apartment is rented for $1,900 month. Whole-Building Generac Generator. Walk-in Cooler. Karen's Diner serves breakfast and lunch. Adding dinner will greatly increase the current profit. Owner is open to leasing the building or holding a mortgage. Annual rental income will cover the combined taxes and a portion of utility expenses. Turn-Key purchase.
MLS# 918448

Courtesy Of McGrath Realty Inc

(845) 855-5550

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Dishwasher, Refrigerator
  • Floor Covering
    Tile
  • Lot Size
    1 Acres
  • Rooms
    Basement

Map and Directions

Directions to 56 Route 22, Pawling, NY 12564

Home seller CENTURY 21 Alliance Realty Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Alliance Realty Group

(845) 279-7700
Learn More About Us

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Monthly Payment Breakdown

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  • Property Taxes
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.