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Listed by: Corcoran Country Living
$ 4,000,000
Est. payment | /mo
2 Baths
1,742 SqFt
$ 4,000,000
Est. payment | /mo
2 Baths
1,742 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,742 sqft
Price per Sqft $2,296
MLS Listing ID 20265315
Year Built 1972
Annual Tax Amount $14,189
Tax Year 14189
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Business
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Some addresses simply exist within a town. Others become part of its identity. 43-45 Mill Hill Road, located in the heart of Woodstock, presents a rare opportunity to own a piece of one of the Hudson Valley's most iconic and enduring destinations. Positioned along one of the village's most visible commercial corridors, the property sits at the center of the energy that has drawn generations to Woodstock. Artists, musicians, makers, restaurateurs, weekenders and longtime residents have shaped a community known far beyond the Catskills, creating a year-round destination where independent businesses, food, art and creative culture continue to thrive. Positioned on .37 acres, the property comprises two distinct commercial buildings, currently home to The Penny Cafe & Tavern. Each offers its own character and function, together creating a versatile commercial footprint in the heart of the village. The Tavern occupies the property's charming single-story building, where a covered deck extends the space outdoors and creates an inviting setting for dining, gathering and entertaining. Surrounded by established landscaping, the building has an intimate character that feels naturally at home within Woodstock's village landscape. The neighboring two-story building is home to The Penny Cafe on its first floor. Above, a separate entrance provides independent access to the second level, which features a prep kitchen and a powder room, adding another layer of flexibility to the property and its existing commercial use. Together, the two buildings create something more distinctive than a conventional commercial offering, with multiple spaces, indoor and outdoor experiences, and an established presence along one of Woodstock's primary commercial thoroughfares. Beyond the buildings themselves, the significance of this offering is its location. Hamlet Commercial zoning places the property within Woodstock's established commercial district, surrounded by the restaurants, shops, galleries and gathering places that make the village one of the Hudson Valley's most recognizable destinations. Its prominent position along Mill Hill Road provides the kind of visibility and connection to the village that simply cannot be recreated. The property is offered with an existing triple-net lease, presenting an opportunity to acquire an established income-producing asset in an exceptionally limited market. Under the current lease structure, the tenant is responsible for utilities, taxes, insurance, management, exterior maintenance, and grounds care. More than a commercial investment, 43-45 Mill Hill Road represents an opportunity to hold a lasting presence in a place whose influence extends far beyond the Catskills. Commercial properties in the heart of Woodstock are inherently finite, and offerings combining visibility, character, multiple structures, outdoor space, and an established tenant are particularly rare. This is not simply an opportunity to acquire commercial real estate. It is an opportunity to own a piece of Woodstock.
Location
State NY
County Ulster
Area Woodstock
Zoning HC
Rooms
Basement Storage Space, Unfinished
Interior
Cooling Ductless, Electric
Flooring Hardwood
Exterior
Exterior Feature Awning(s), Fire Pit, Garden, Lighting, Storage
Roof Type Asphalt,Metal,Shingle,Wood
Building
Lot Description Garden, Gentle Sloping, Landscaped
Sewer Public Sewer
Water Public
Others
Tax ID 27.55-1-40
NEARBY SCHOOL & BUSINESS
