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Listed by Peter Cantine, Halter Associates Realty
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 allā€”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!

More Info

Basic Information

  • Sale Includes Building, Business Name, Equipment, Fixture(s), Inventory, Supplies

Location

  • Address5987 Route 28
  • AreaShandaken
  • Building Number5987
  • Mls Area Minor Shandaken
  • StateNY
  • StreetRoute 28
  • TownPhoenicia
  • Zip12464

Utilities

  • Electric 200+ Amp Service, Generator Hookup
  • Electric Expense $5,243
  • Heating YN Yes
  • Waste Water DisposalCesspool

Tax Information

  • New Taxes Expense $12,770
  • Taxes$12,770

Building

  • Building ConstructionBrick, Frame, Stone
  • Units15
  • Year Built1940

Property

  • Other Structures Second Garage, Second Residence, Other

Exterior

  • Exterior Features Rain Gutters
  • Fencing Partial

Amenities

  • Appliances IncludedWater Heater, Electric Water Heater
  • Cooling Wall Unit(s)
  • Cooling YN Yes

Other

  • Date Listed04/18/2024
  • View Count37

School Information

  • High School DistrictOnteora Central

Basic Information

  • List Price$2,200,000
  • MLS Number20240671
  • Mls Status Pending
  • Modification Date09/03/2024
  • Property SubTypeBusiness
  • StatusPEN
  • Virtual TourView Tour

Property Information

  • Acreage1.4
  • Lot Features Level
  • Lot Size Dimensions 1.4
  • Lot Size Square Feet 60,984
  • Lot Size Units Acres
  • Square Feet8,088

Phoenicia, NY Demographics

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Phoenicia, NY Real Estate Market Data

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Phoenicia, NY Schools

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