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$1,500,000

Est. payment - /mo

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6,564 SqFt

New

2020 Greenwood Lake Tpke West Milford Twp., NJ 07421

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Charles Thompson

client@thethompsonrealtygroup.com +1(201) 562-7274

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,564 sqft

Price per Sqft $228

MLS Listing ID 3962125

Year Built 1966

Annual Tax Amount $22,865

Tax Year 2024

Lot Size 1.720 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Passaic

Zoning Lake Commerce

Rooms

Basement Storage, Unfinished, Walkout

Interior

Heating Gas-Natural

Cooling 2 Units

Flooring Concrete, Laminate, Vinyl-Linoleum

Equipment Appliances, Exhaust System, Fixtures, Furniture, Handicapped Access, Kitchen Area, Refrigeration Unit, Restrooms - Private

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, See Remarks, Vinyl Siding

Garage Spaces 90.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle, Flat

Building

Lot Description Level Lot

Story 1

Sewer Septic

Water Well

Others

Ownership Fee Simple

Listed by REALTY EXECUTIVES EXCEPTIONAL

${companyName}

Phone

+1(201) 562-7274

client@thethompsonrealtygroup.com

Address

20 Mac Arthur Ave Garfield, New Jersey 07026 USA, NJ