This well-known German-American restaurant in the Hudson Valley, Orange County, New York has recently been put up for sale by its owner.
The restaurant with 3 dining rooms, has been in operation since 1974 and is located on 5.5 acres of land. A full liquor bar is part of the restaurant, which has a total of 230 seats and beer garden. The 2nd Floor is comprised of 5 rental units (3 one-bedroom + 2 one-room/kitchen apartments, with a rental income from the units of $5800 per month) and the 3rd Floor is a large 3 bedroom/kitchen/bathroom apartment.
Additionally included in this sale, is a 4 bedroom house with 2 bathrooms and superior storage area.
The restaurant is well known and only 40 minutes away from New York City, 15-minute drive to West Point and just 3 miles to the famous outlet stores, "Woodbury Commons".
Oktoberfest brings thousands of visitors from all over the area to the restaurant.
Price: $2.9 million, the owner provides financing for qualified buyers
Besides the restaurant, an approximately 4-acre piece of industrial land is right on the main road in Cornwall, New York for sale.
$275,000 (owner financing at a 15% deposit at 10% interest for 5 years).
Please only serious inquiries, no brokers. E-mail (PM) us your contact details and we'll call/email you back.
See full advert (with photos) here on The Munich Times.
Thank you,
Arthur and Dale Störchle
716 Route 32
Highland Mills, NY, 10930
Phone: (001 - from outside the USA) (239) 272-5526