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$ 1,200,000
Est. payment /mo
New
451 Washington Avenue EXT Saugerties, NY 12477
2.2 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY844923
Originating Board onekey2
Rental Info No
Year Built 1960
Annual Tax Amount $14,926
Lot Size 2.200 Acres
Acres 2.2
Property Sub-Type Business
Property Description
The hotel property is just off the Village and surrounded by Horse Show property (HITS), and other Village activities. The Hotel is less than a half mile from the Village, boasting lots of shops, restaurants, theaters, and the waterfront. The 27-unit building, with a 1-bedroom manager's apartment, has 28 total units. The 10,000+ square foot building is divided into four suites, each featuring its own full kitchen, dining area, living room, and 6-7 bedrooms, all with their own full bathrooms. This property can lend itself to a hotel, Inn, Senior Residence, or SRO rentals, and the current occupied tenant uses Emergency Housing. The building has been updated with all new HVAC (heat and AC), high-efficiency propane units, and many other improvements. The building is currently leased to a Master Tenant paying 10,000 a month NNN. Please see the attached information in the associated documents for County Records, CO, and Floor Plans. The property is located approximately 1/2 mile from the Saugerties Village center. It is surrounded by, or close to, Horse Show properties, Cantine Sports Complex, an indoor Ice Arena, Mini-golf, Go-Karts, and a Skate Park. Excellent location for Airbnb, hotel, or straight rentals. The building is fully furnished, along with a comprehensive laundry facility featuring over five coin-operated washers and dryers. List agent is part owner.
Location
State NY
County Ulster County
Rooms
Basement Crawl Space, Full, See Remarks
Interior
Heating Forced Air, Other, Propane
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Fireplace No
Exterior
Utilities Available See Remarks
Building
Lot Description Landscaped, Level
Sewer Public Sewer
Water Public
Structure Type Brick,Frame,Stone
Others
Special Listing Condition None
Listed by Berardi Realty
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