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Listed by: Coldwell Banker Village Green
$ 659,000
Est. payment | /mo
6 Baths
9,300 SqFt
$ 659,000
Est. payment | /mo
6 Baths
9,300 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $70
MLS Listing ID 20265939
Year Built 1992
Annual Tax Amount $11,504
Tax Year 11504
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
An extraordinary opportunity to own and reimagine one of the Catskills' distinctive historic properties. The Freehold Inn is a versatile, income-producing-ready property offering a turnkey restaurant and bar, two renovated apartments, and a substantial carriage house - all set in the heart of the growing Catskills region.
The approximately 3,500-square-foot restaurant and bar is fully equipped and ready to reopen its doors. The dining room accommodates approximately 80 guests, with an additional 15 seats at the bar. Included in the sale is an extensive collection of furniture, fixtures and equipment, including tables, chairs, barstools, artwork, dinnerware, kitchenware, and a fully equipped commercial kitchen. Outdoor dining opportunities further expand the potential for creating an inviting destination for locals, visitors, and travelers.
Adding significant flexibility and income potential are two apartments located above the restaurant: a beautifully renovated one-bedroom apartment and a two-bedroom apartment. These spaces offer an ideal live/work arrangement, on-site accommodations for an owner or operator, or additional rental income.
The spacious carriage house provides an exciting blank canvas for the next chapter of the property. Depending on approvals and the buyer's vision, it could serve as an event or wedding venue, additional dining space, separate commercial or creative space, or potentially be transformed into residential accommodations. Its size and versatility create an exceptional opportunity to expand the property's income-producing potential.
While the property is ideally suited to continue as a restaurant and bar, its possibilities extend far beyond its current configuration. Envision a boutique bed and breakfast, destination restaurant, brew pub, wine bar, event venue, wellness retreat, culinary destination, creative workspace, or distinctive hospitality compound. The combination of commercial infrastructure, residential space, and additional buildings offers an unusual degree of flexibility for an entrepreneurial buyer.
Located in the heart of the Catskills, the Freehold Inn is positioned to benefit from the region's continued growth as a destination for dining, recreation, second-home ownership, and tourism.
A rare opportunity to acquire a substantial Catskills property with an established identity, extensive infrastructure, multiple potential income streams, and the flexibility to create something truly distinctive. Bring your vision and unlock the next chapter of the Freehold Inn. Seller is flexible on terms.
The approximately 3,500-square-foot restaurant and bar is fully equipped and ready to reopen its doors. The dining room accommodates approximately 80 guests, with an additional 15 seats at the bar. Included in the sale is an extensive collection of furniture, fixtures and equipment, including tables, chairs, barstools, artwork, dinnerware, kitchenware, and a fully equipped commercial kitchen. Outdoor dining opportunities further expand the potential for creating an inviting destination for locals, visitors, and travelers.
Adding significant flexibility and income potential are two apartments located above the restaurant: a beautifully renovated one-bedroom apartment and a two-bedroom apartment. These spaces offer an ideal live/work arrangement, on-site accommodations for an owner or operator, or additional rental income.
The spacious carriage house provides an exciting blank canvas for the next chapter of the property. Depending on approvals and the buyer's vision, it could serve as an event or wedding venue, additional dining space, separate commercial or creative space, or potentially be transformed into residential accommodations. Its size and versatility create an exceptional opportunity to expand the property's income-producing potential.
While the property is ideally suited to continue as a restaurant and bar, its possibilities extend far beyond its current configuration. Envision a boutique bed and breakfast, destination restaurant, brew pub, wine bar, event venue, wellness retreat, culinary destination, creative workspace, or distinctive hospitality compound. The combination of commercial infrastructure, residential space, and additional buildings offers an unusual degree of flexibility for an entrepreneurial buyer.
Located in the heart of the Catskills, the Freehold Inn is positioned to benefit from the region's continued growth as a destination for dining, recreation, second-home ownership, and tourism.
A rare opportunity to acquire a substantial Catskills property with an established identity, extensive infrastructure, multiple potential income streams, and the flexibility to create something truly distinctive. Bring your vision and unlock the next chapter of the Freehold Inn. Seller is flexible on terms.
Location
State NY
County Greene
Area Greenville
Zoning H
Rooms
Basement Partial
Interior
Heating Forced Air
Cooling Central Air
Flooring Tile, Wood
Exterior
Utilities Available Propane
Roof Type Asphalt
Building
Lot Description Level, Paved
Sewer Septic Tank
Schools
High Schools Greenville School District
School District Greenville School District
Others
Tax ID 05100300030010000000
NEARBY SCHOOL & BUSINESS
