217 Main Street, Saugerties, NY 12447

26 Photos
 
$2,500,000 List Price
Off Market
 
Listing ID 10472502
Property Type Commercial
Tax ID 000000-018.247-0001-014.000
FEMA Flood Map fema.gov/portal
Year Built 1817
   
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Boutique style Hotel with restaurant is located in Village of Saugerties just off NYS Thruway Exit 20 and about 100 miles from NYC. Property offers 17 hotel rooms, 1 two bedroom apartment, 1 store-front rental (barber shop) and a thriving restaurant and bar business. Three of the hotel rooms are renovated, one with a full bath in the room, the other two renovated rooms have shared baths in the hall. Restaurant and bar is owner operated, the business is included in the sale. Saugerties is know for its thriving Horse Shows in the Summer season, know as HITS (HITS-on-the-Hudson) it is a nationwide company with world-class hunter/jumper circuits in 5 states. The Village is flooded with with out of town guests during the Summer and early Fall participating and watching the events. The hotel has tremendous growth potential, the 14 remaining rooms need renovation but well worth the investment, there is only one other hotel in the Village and lodging is very hard to find.
Property Details
  • 8912 SF
  • 0.14 Acres
  • Built in 1817
  • 20 Units
Commercial Info
  • Exchange Hotel (Business Name)
  • Class: Hotel/Motel
  • display window, private restrooms, public bathrooms, storage area
Taxes and Fees
  • $8,118 School Tax
  • $3,759 County Tax
  • $2,489 Village Tax
  • $14,366 Total Tax
Previously Listed By
Gregory Berardi
Win Morrison Realty
Office: 845-339-9999
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