Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,000 SF
Site
8.60 acres
Price / SF
$580
Year built
1925
Zoning
RAG1
The offering
For over a century, The Ship Lantern Inn has been one of the Hudson Valley’s most recognizable fine-dining destinations, offering a rare opportunity to acquire an iconic property with an extraordinary history. Situated on approximately 8.6 acres across two tax parcels along highly traveled Route 9W, the offering includes the established restaurant property, extensive parking, five residential homes, and six income-producing rentals. The restaurant features multiple distinctive dining spaces, a substantial commercial kitchen, outdoor entertaining areas, and established vegetable and herb gardens that complement the region’s celebrated farm-to-table culture. Municipal water, natural gas, prominent visibility and approximately 19,000 vehicles passing daily provide valuable infrastructure and exposure for continued hospitality use or future redevelopment. Conveniently located approximately 15 minutes from Metro-North service in both Beacon and Poughkeepsie, the property is positioned within a growing Hudson Valley destination market surrounded by wineries, orchards, historic attractions and acclaimed hospitality experiences. Offered at $3,475,000, this is a once-in-a-generation opportunity to continue the legacy of a Hudson Valley institution or thoughtfully create its next chapter. SEE BROCHURE FOR MORE INFORMATION.
Building & site
Interest conveyedFee simple
Gross building area5,000 SF
Building typeOther
Property typeOther
Year built1925
Land area8.60 acres
Land area, SF374,616 SF
WaterPublic
SewerSeptic Tank
HeatHot Water
Tax parcel513600103.3-1-12
Number of buildings6
Distance to train15 mi
Zoning & permitted uses
District
RAG1
Permitted uses are governed by the Marlboro zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$24,435
Assessed value
$580,500
Land assessment
$87,000
Full market value
$994,859
Owner of record
Foglia Trust, Angelo II
School district
Marlboro
Property class
421 · Restaurant
Estimated annual tax, 2025 roll
County and town
$7,259
School, Marlboro
$15,186
Estimated total
$22,445
The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.