Prime Commercial Property- Exit 21, NYS Thruway, Catskill, NY. Unmatched visibility and access at one of the Hudson Valley's hottest growth corridors. Currently operating as a banquet hall and restaurant, this commercial zoned site consisting of 2.0 acres offers endless potential for restaurant, retail, hotel, or redevelopment use. The 11,466 sq. ft. building provides separate retail space and owner's quarters, adding flexibility and income potential. Featuring 100+ parking spaces, municipal water and sewer, 1,000 sq. ft. of road frontage on both I-87 and State Route 23B, and exposure to millions of vehicles annually. Located just 10 minutes from the vibrant town of Hudson and 30 minutes from Windham and Hunter Ski Resorts, this property offers year-round appeal to both locals and tourists alike. Surrounded by new development including the new Stewart's Shop, Camptown Resort, and the soon-to-be-built Hampton Inn. Catskill is thriving- seize this rare opportunity in a rapidly expanding area.
Heating:
Baseboard, Forced Air, Oil, Propane
Construction
Cedar, Stone
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
746 Rt. 23B, Catskill, NY, 12414
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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