Unlock the future of your business on a property that blends iconic history with endless opportunity!Located only minutes from HUDSON NY and less than a mile from the Columbia County Airport, this iconic property offers a prime opportunity for investors, restaurateurs, or anyone with a vision. Set on 3. 66 acres of scenic land with 270 feet of road frontage on Route 9H, the property includes a 9800 sq. ft. restaurant building, a historic 1300 sq. ft. house, and a picturesque pond, providing ample space for various ventures. The " Kozel's" Restaurant, a staple in Columbia County since 1936, features seating for 550 guests, including a stunning 24-seat horseshoe-shaped mahogany bar. Separate banquet rooms accommodate weddings, private events, and large gatherings, making it a sought-after venue for special occasions. The property also accommodates 120 parking spaces and unique barn for outdoor events. In addition to the restaurant building, the property includes the well-known Kozel brand and business, complete with all restaurant equipment, fixtures, and furniture for a turnkey operation(optional). The 1300 sq. ft. house offers convenient onsite housing, ideal for employees or management. With its expansive land, versatile event spaces, and rich history, this property presents numerous possibilities. Whether you're looking to continue the legacy or repurpose the site for a banquet facility, catering operation, or even a brewery, this is an investment opportunity steeped in both history and potential. It offers great potential with frontage on one of the most traveled roads in Columbia County . Centrally located to NYC, Albany, and The Berkshires. Easy to show and calls are welcome for any additional questions! Lisa and Jack C. (518)929-4519
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William Raveis Real Estate
Phone: 888.699.8876
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,180,000 | $1,180,000 | $1,180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,700 | $7,362 | $9,878 |
Total Monthly Payment | $6,825 | $7,487 | $10,003 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.