A rare opportunity for an entrepreneur, investor, or buyer with the vision to revive a historic Catskills property and give it new life. Prominently positioned along high-traffic Route 28 on the way to Belleayre Mountain and just minutes from Phoenicia, this commercially zoned property offers excellent visibility and a wide range of possibilities.The building requires significant work and is not a turnkey opportunity, but its size, location, and flexible layout create tremendous potential. With areas that may lend themselves to as many as four separate units, a new owner could explore a combination of rental income, business space, workshops, offices, employee housing, or owner-occupied use, subject to municipal approvals. It could be an affordable starting point for someone launching a small business or an exciting expansion opportunity for an established operation ready to create a distinctive Catskills destination.Commercial zoning may help streamline certain proposed uses, although buyers should independently verify their plans with the municipality. Because of the propertys commercial designation and current condition, conventional residential financing may be challenging; cash, commercial financing, or renovation-based financing may be the best fit.Priced to reflect the work needed while recognizing the propertys considerable potential, this is a chance to transform a once-active historic building into something meaningful again--whether that means income-producing units, a thriving roadside business, a creative mixed-use property, or an entirely new vision.
Listing By
Agency Name: Keller Williams Realty HV Nort
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 1,090.00 per month $667.45 Principal & Interest $335.08 Property Tax $87.47 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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7284 Ny-28 | MLS# 20243999
This multi-family property located at 7284 Ny-28, Shandaken, NY 12480 is currently listed for sale with an asking price of $299,900. Ny-28 is located within the Onteora Central School District school district. Search Shandaken real estate on www.coldwellbankerchoice.com today.