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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 (barber shop) 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. 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.

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Basic Information

  • Acreage0.14
  • Business NameExchange Hotel
  • Lfd ConditionVERY GOOD, GOOD
  • Lfd WaterMUNICIPAL
  • List Price$2,500,000
  • MLS Number20174190
  • Property TypeHotel/Motel
  • SewerMUNICIPAL
  • Square Feet8,912
  • TermsCALL LR
  • Units20
  • Year Built1817

Location

  • Address217 Main Street
  • Area TownSaugerties-vlg
  • Building Number217
  • High School DistrictSAUGERTIESCENTR
  • StateNY
  • StreetMain Street
  • TownSaugerties
  • Zip12447
  • ZoneCOM

Interior

  • Floors
    • CARPET
    • CERAMIC
    • HARDWOOD
    • LINOLEUM
    • MIXED
    • WIDE BOARD
  • Other RoomsMANUAL ENTRY, UTILITY ROOM, OTHER/SEE REMARKS

Other

  • Commercial Features
    • DISPLAY WINDOW
    • KITCHEN FACILITES
    • LAUNDRY ROOM
    • OTHER
    • PATIO/DECKS
    • PRIVATE RESTROOMS
    • PUBLIC BATHROOMS
    • SIGNS OWNED
    • SMOKE DETECTORS
    • STORAGE AREA
  • Electricity200 AMPS
  • Lot14
  • Lot Dimensions.14 Acres
  • Lot FeaturesCORNER LOT, LEVEL, PARKING LOT, OTHER/SEE REMARKS
  • Lot SiteHAMLET/VILLAGE
  • Owner PaysALL UTILITIES
  • Sales IncludeBLDG, FIXTURE, LAND
  • Short SaleNo
  • StatusACT
  • Tennant PaysRENT ONLY
  • View Count28

Building

  • BasementFULL
  • ConstructionFRAME/STICK, MASONRY
  • Garage Parking Extras
    • DRIVEWAY
    • DRIVEWAY-SHARED
    • LOT
    • LOT-PAVED
    • OFF STREET
    • Parking spaces 1-5
  • Other BuildingsOTHER/SEE REMARKS

Property

  • Current Business TypeAPARTMENT INCLUDED, BAR/TAVERN, BARBER/BEAUTY, BED & BREAKFAST, HOTEL/MOTEL
  • Current Business Type CntRESTAURANT, RESTAURANT W/BAR

Utilities

  • Cooling Air ConditioningCEILING FAN, WALL UNIT, OTHER
  • Heat SourceBASEBOARD, HOT WATER
  • Heating FuelNATURAL GAS
  • Hot WaterGAS

Saugerties, NY Demographics

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Saugerties, NY Real Estate Market Data

There is no data available

Saugerties, NY Schools

School NameDistanceTypeGrades
Listed by Gregory Berardi, Win Morrison Realty

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