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  • Pending
    $2,200,000

    5987 Route 28
    Phoenicia, NY 12464

    Business Opportunities
    Commercial
    8,088
    Sq. Ft.
    1.4
    Acre Lot
    Courtesy: Peter Cantine - Halter Associates Realty
    Weichert> New York> Phoenicia> 12464
    THE PHOENICIA LODGE - The perfect marriage of vintage charm and modern convenience is made in this topnotch hospitality property in the heart of the Catskill Mountain Region. Reception, five motel rooms, two suites, six circa 1940 cottages and a garage space are spaced in a park-like setting under towering pines surrounded by hammocks, picnic tables, charcoal grills and a communal fire pit. A short walk brings you to public access to the quintessential Catskill creek, the Esopus, famous for its trout fishing, tubing and bathing. All lodging units have free wi-fi, cable TV and DVD players with free access to a DVD library. All cabins and suites have newly renovated kitchens fully stocked with cookware and dinnerware. Each motel room has its own mini-fridge and old school telephone. Current owner-operators have worked wonders on their watch! Improvements include 7 new roofs; 61 new windows; new stoves, refrigerators and appliances; and new stand by generators that power the entire property when needed. Attention to every detail has cultivated loyal return business contributing to great financials and a 9% CAP rate. There is ample room for growth. An additional two 2 bedroom suites can be monetized the and 1100 square foot brick garage is an event space waiting to happen. Included in the sale: the real property on 2 parcels; fixtures & appliances; furniture, small wares, linens, equipment & supplies for all rental units; DBA, website & social media. Sellers to provide a smooth transition for you to hit the ground running with a positive cash flow on Day 1. Two hours from the GWB, this location truly has it all world class natural beauty, skiing, hiking, biking, tubing, arts, culture and cuisine all in one amazing place. Near the villages of Phoenicia and Woodstock, Belleayre and Hunter Mountain ski centers and the new Ashokan Rail Trail. This is your opportunity to be a part of it all!
    20240671
    Commercial - Business Opportunities, Other
    1940
    Ulster
    1.4 Acres
    Brick, Frame, Stone
    Cesspool
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    The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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    Courtesy: Peter Cantine - Halter Associates Realty
    The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than this broker are marked with IDX logo and the detailed information about them includes the name of the listing broker. Copyright © 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved
    This content last refreshed on 4/27/2024 2:20 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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