The Most Important Commercial Development Opportunity at the Gateway to New York State Catskill Exit 21. This Destination captures an audience of Millions per year & sits on a 1000 Ft of road frontage w/ 360 radius views on I-87 & State Rt. 23B. Neighboring *NEW Hampton Inn by Hilton & Stewarts Shop Gas Station. This Exit is the pass-way to thriving Greene & Columbia County's Business, Tourism, Recreation and ARTs. An immense 10,000+ Sq/ft Successful Conference Center & Restaurant has operated in this location for over 20 yrs hosting Weddings, Galas, Auctions & MORE. Featured on 1.6 Acres with Municipal Water and Sewer, expanding is simple. A Substantial Dinning Rm & Commercial Kitchen can produce output for over 400 guests. Bonus Living quarter, Income Producing Rental Units & 100+ parking slots. This Adirondack style Facility is situated in the most Opportune Location from many directions. There isn't much more you could ask for in an investment property on Main St. 3 min to Village of Catskill.12 min to the City of Hudson. 20 min to Ski. 2 Hrs from NYC
Zoning:
Commercial/421 - Restaurant
Heating:
Propane, Baseboard, Forced Air, Hot Water
Cooling:
Central Air, Wall Unit(s)
School District:
Catskill
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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