5981 Route 28, Phoenicia

$895,000

0 Beds
0 Baths
0 Sqft
1.4 Acres
2 Garages

Busy, prime location in the middle of Catskill State Park, one mile from Phoenicia's Main Street for restaurants and shopping, and a short walk to the Esopus Creek for swimming, fishing, and tubing. A well-maintained successfully-operated four-season business which has been in continuous operation for over 70 years. This park-like, 14-unit compound is situated in the high-peaks of the Catskill Mountains, surrounded by world-famous hiking, state parks, lakes, the Ashokan Reservoir, trout fishing on the Esopus, and equidistant between Belleayre and Hunter mountains for skiing, riding, and snow tubing. Property consists of two parcels: the stylish and spacious owners’ quarters with large laundry facility, three bedrooms, two full baths, and huge kitchen with high ceilings. Additionally, two apartments on second floor on .24 acres. The second parcel has 12 units (5 motel, 6 cottages, and one suite) on 1.16 acres. The 6 cottages include studios, one bedrooms, and a two bedroom. An 1,100 square-foot, brick garage on premises could easily transform into a venue to hold small weddings and events which are in high demand, and an opportunity for additional revenue. Owners have substantial repeat business with 4.5 stars on TripAdvisor and Yelp.

Property History
Price Reduced from $949,900 to $895,000
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