1480 State Route 9, Tivoli (Clermont), NY, 12583 | $525,000

Come see this attractive mixed-use property for sale on Route 9 in Tivoli, New York. This nearly 3000 square foot former pizza tavern on a two-acre corner lot is in a prime location between the Hudson River towns of Tivoli and Clermont. Including a roomy restaurant/bar with pizza ovens and restrooms, this property offers plenty of space for a restaurant, brewery, cafe or any number of businesses. With a three-bedroom, one bath two-floor attached apartment, it's an excellent live-work opportunity. It has a large L-shaped enclosed porch that can be used for extra living or dining space. There are hardwood floors throughout, a new roof, new windows in the upper floors, new furnace, well pump, well tank and hot water heater. A large 24x32 metal shop that was formerly a car detailing business is also on the property. Close to farms, antiques and all the area's recreational amenities, it's within an easy drive to Tivoli, Red Hook, Rhinebeck and Hudson.

Features

  • Town: Tivoli
  • Parking: Parking lot
  • Levels: 0
  • Heating: Base Board
  • Approx Lot Sq. Feet: 87,120
  • Lot Size: 2 acres
  • Year Built: 1940
  • Approx Sq. Feet: 2,500
  • Acreage: 2
  • MLS#: 155135
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/155135/1480stateroute9_tivoli_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Houlihan Lawrence Inc.

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1480 State Route 9, Tivoli (Clermont), NY, 12583

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,794 $2,791 $3,601
Total Monthly Payment $2,886 $2,883 $3,693

* 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.