331 Main Street, Cornwall, New York 12518 (MLS# H6219396)
Commercial Sale listing in Orange County
Listing IDH6219396
Sold For$417,500
StatusClosed
Sold Date6/21/2023
CountyOrange
Property TypeCommercial Sale
Property Sub TypeRetail
Home of the legendary Canterbury Brook Inn in the Village of Cornwall NY. This European / Continental restaurant is well known in the Mid Hudson area and is very conveniently located in the heart of Cornwall, minutes from busy route 9w, the Palisades Parkway and West Point. The building is of traditional design with 3 fireplaces and rooms perfect for large or smaller events. The current lease formally expires in Dec 2023 however will likely be renewed subject to tenant and owner agreement. At current lease rate, the real estate produces annual Net Operating Income of $28,500.
County
Orange
Property Sub Type
Retail
Property Type
Commercial Sale
Business Type
Retail
Current Use
Commercial, Food Service
Mls Status
U
Village
None
Appliances
Cooktop, Freezer, Microwave, Oven, Refrigerator
Area Units
Square Feet
Building Size
4767
Cooling
yes
Cooling Type
Wall Unit(s)
Heating
Electric, Natural Gas, Wood, Baseboard, Forced Air
Hot Water Features
Electric Stand Alone
Square Footage
4767.00
Elementary School District
Cornwall
Hamlet
Cornwall
High School District
Cornwall
Location Description
Ground Floor
Middle Or Junior School District
Cornwall
MLS Area Minor
99
Township
Cornwall
Waterfront Features
Water Access
Zoning Description
Com
Construction Materials
Batts Insulation, Frame
Lot Size Units
Acres
Number Of Buildings
1
Number Of Units Total
1
Sewer
Public Sewer
State Or Province
NY
Water Source
Public
High Price Dollars
460000
Inclusions
A/C Units,Awning,Convection Oven,Cook Top,Door Hardware,Fireplace Equip,Freezer,Light Fixtures,Microwave,Refrigerator,Woodburning Stove
Modifications Exclusions
M3 IAW
Tax Annual Amount
12945
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