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Listing 1 out of 18
$2,500,000 For Sale

217 Main Street
Saugerties, NY 12447

20 units |
8,912 sq ft;
lot: 6098 sq ft lot
Commercial: Hotel/Motel - MLS# 20193009
Property Photo
1/31

Description

Boutique style Hotel with restaurant is located in Village of Saugerties just off NYS Thruway Exit 20 and about 100 miles from NYC. Property offers 17 hotel rooms, 1 two bedroom apartment, 1 store-front rental ($950 a month) and a thriving restaurant and bar business. Three of the hotel rooms are renovated, one with a full bath in the room, the other two renovated rooms have shared baths in the hall, the other 14 rooms need renovation and are not in rentable condition. Restaurant and bar is owner operated, the business is included in the sale. Saugerties is know for its thriving Horse Shows in the Summer season, know as HITS (HITS-on-the-Hudson) it is a nationwide company with world-class hunter/jumper circuits in 5 states. The Village is flooded with with out of town guests during the Summer and early Fall participating and watching the events. The hotel has tremendous growth potential, the 14 remaining rooms need renovation but well worth the investment, there is only one other hotel in the Village and lodging is very hard to find.

Features

  • Property Type: Commercial
  • Sub Type: Hotel/Motel
  • Listing Status: Active
  • County/Area: Ulster County
  • Zip Code: 12447
  • Year Built: 1817
  • Age: 100-200
  • School District: Saugertiescentr
  • Sq.Ft.: 8,912 sq ft
  • Units: 20 units
  • Basement: Full
  • Lot Size: 6098 sq ft lot
  • Zoning: COM
  • Area: Saugerties-Vlg
  • Business Name: Exchange Hotel
  • Commercial Features: Display Window, Kitchen Facilites, Laundry Room, Patio/Decks, Private Restrooms, Public Bathrooms, Signs Owned, Smoke Detectors, Storage Area, Other
  • Construction: Frame/Stick, Masonry
  • Cooling/Air Conditioning: Ceiling Fan, Wall Unit, Other
  • Current Business Type Cnt: Restaurant, Restaurant W/Bar
  • Electricity: 200 Amps
  • Floors: Carpet, Ceramic, Hardwood, Linoleum, Mixed, Wide Board
  • Garage/Parking Extras: Driveway, Driveway-Shared, Lot, Lot-Paved, Off Street, Parking Spaces 1-5
  • Heat Source: Baseboard, Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Gas
  • Interior: Office Sqft, Retail Sqft, Residential Sqft, Total Sqft, Frontage, Zoning
  • Lease Type: Month To Month, Owner Occupied
  • Lot: 14
  • Lot Block Address: 14,1,217 Main Street
  • Lot Dimensions: .14 Acres
  • Lot Features: Corner Lot, Level, Parking Lot, Other/See Remarks
  • Lot/Site: Hamlet/Village
  • Other Rooms: Manual Entry, Utility Room, Other/See Remarks
  • Owner Pays: All Utilities
  • Road Frontage: State Road, Paved
  • Sales Include: Bldg, Fixture, Land
  • Sewer: Municipal
  • Tennant Pays: Rent Only
  • Water: Municipal
Courtesy of Win Morrison Realty

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Laura Rose

Laura Rose
NYS Real Estate Broker
Laura Rose Real Estate


845-255-9009

Contact Me

Laura Rose | (845) 255-9009 | Contact Me
41 Main Street, #971 - New Paltz, NY 12561
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