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Palenville,NY 12477
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6330359
Year Built 1946
Annual Tax Amount $16,640
Property Description
This 5.97 acre property is made up of three contiguous parcels along the picturesque Kaaterskill Creek near the commercial district of Palenville, NY. All three lots are being sold together (199.08-6-2; 199.08-6-4.11; 199.08-6-4.12). On the first parcel with valuable frontage along Route 32A, there is a 1946 hotel which requires full rehabilitation or to be replaced with a new structure. The second parcel has an existing 2 bedroom cabin and the large open area in front of this cabin has a filled in swimming pool. The third parcel has 11 guest cabins in varying conditions circling around a large open area. As part of a redevelopment plan, and with the necessary approvals, you can join the boutique hotel revolution happening in New York's Hudson Valley or create a rental community. Palenvillas! You can add a direct pathway down to the water to enjoy one of Upstate New York's greatest pleasures, a natural swimming hole! Palenville is in close proximity to Windham, Belleayre, and Hunter Mountains for skiing, hiking and all outdoor sports. It is also close to dining and other area amenities, and the HITS Horse Show Grounds. Guests will have a short drive to Saugerties and further on to Woodstock and Kingston. The opportunity to develop this fantastic waterfront property with Route 32A road frontage should not be missed!
Location
State NY
County Greene
Zoning multi
Interior
Heating Other,None
Cooling None
Exterior
Waterfront Description Water Access
Building
Sewer Septic Tank
Water Well
Schools
School District Catskill
Others
Special Listing Condition None