37 Oak Street | Warwick (Town)

$415,000

A Prime Investment and Development Opportunity\n\nGreenwood Lake, a charming lakeside village with a rich history and strong community roots, presents a unique opportunity for entrepreneurs and investors seeking a versatile property with immediate operational potential and future development prospects. Located in the heart of the village, this property combines an established business venue with the potential for residential development, offering a well-rounded investment in a desirable lakeside setting.\n\nAt the core of this opportunity is an inviting country-style restaurant that comfortably seats over 50 guests across its dining and bar areas. The restaurant is fully equipped with a professional-grade kitchen, including a sixteen-burner stove, griddle, four ovens, deep fryers, bain marie, steam table, and two freezers, among other upgrades. These features enable the new owner to operate immediately with minimal setup, providing a seamless transition for an operator looking to establish or expand their hospitality business. Recent upgrades to the roof and furnace, further enhance the property's durability and reduce future maintenance concerns.\n\nIn addition to the restaurant, the property includes a charming two-bedroom apartment, offering an attractive opportunity for additional income or a comfortable living space. The apartment features a sunny living room, an open galley kitchen, a full bathroom, and a versatile extra room suitable for an in-home office or guest quarters. This flexibility makes the property particularly appealing to entrepreneurs who wish to reside on-site or generate rental income to support their business venture.\n\nThe location of the property is highly advantageous. Situated within walking distance of Greenwood Lake OneKeyMLS 855321

MLS Listing ID: 
OneKeyMLS 855321
Community Information
School District: 
Other
Building Details
Details about the building on a property.
Year Built: 
1970
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Waterfront: 
0
Lot Features
Parking Type: 
Parking Lot
Public Record
Parcel Number: 
335403-308-000-0003-013.000-0000
Annual Tax: 
$9,421.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/30/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Carmela Lopez Borrazas
Listing Office Name: 
Keller Williams Realty