5688 Us Route 209 5728 Us 209, Kerhonkson

$395,000

0 Beds
0 Baths
15,164 Sqft
15.4 Acres
0 Garages

This former summer resort is ready to be brought back to life as a hotel and event space, short or long-term rentals, or most any use you can dream up that takes advantage of its high-visibility location in the heart of the Rondout Valley between the Shawangunk Ridge and the Catskills. Included are 15 acres of open fields and woods, bordered by busy Route 209 on one side and the Mombaccus Creek on the other with 608 feet of road frontage. Seven varied buildings in need of restoration include a 2880sf three-story Dutch colonial inn that is mostly gutted with a rebuilt roof, new windows, and new structural members. There is also a 16-room motel building and a large former casino/barn with wood flooring, a bar, and a loft. With about 14,000 total sf, there is potential for 20 or more income-producing units depending how a developer restores the many structures. Local attractions include family farms, breweries, food markets, farm-to-table dining and unsurpassed outdoor recreation including nearby Minnewaska State Park and Mohonk Preserve. Business District zoning. Contact agent for a more detailed inventory.

LISTING MAP

Mortage Calculator

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate. This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes, and their effect on the total monthly mortgage payment.

Purchase & Financing Information