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451 Washington Avenue Ext Saugerties, NY 12477

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For Sale
Pending
$1,200,000

27-unit hotel near Saugerties Village, suitable for various uses.

Lot size:
2.20 Acres

Property Features for 451 Washington Avenue Ext

General Information

Property type
Commercial
Standard status
Pending
Lot size
2.20 Acres

Building Details

Year built
1960

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Listing Contact
Megan Rios
Source: Elliman

Listing Agency: BERARDI REALTY Listing Agent: Megan Rios

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Saugerties Hotel Opportunity Near Village

Located approximately 1/2 mile from the Saugerties Village center, this hotel property is situated near Horse Show property (HITS) and other Village activities. The 10,000+ square foot building contains 27 units, plus a 1-bedroom manager's apartment, totaling 28 units. The building is divided into four suites, each featuring its own full kitchen, dining area, living room, and 6-7 bedrooms, all with their own full bathrooms. The building is fully furnished, along with a comprehensive laundry facility featuring over five coin-operated washers and dryers. The property can be used as a hotel, Inn, Senior Residence, or SRO rentals. The current occupied tenant uses the property for Emergency Housing. The building has been updated with all new HVAC (heat and AC), high-efficiency propane units, and many other improvements. The property is surrounded by, or close to, Horse Show properties, Cantine Sports Complex, an indoor Ice Arena, Mini-golf, Go-Karts, and a Skate Park. The location is suitable for Airbnb, hotel, or straight rentals. The building is currently leased to a Master Tenant paying 10,000 a month NNN.
Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Saugerties
County
Ulster
State
New York
Longitude
-73.950752
Latitude
42.093613

FAQs

What type of property is this?
Hotel - 27-unit hotel near Saugerties Village, suitable for various uses.
Where is this hotel located?
The property is located at 451 Washington Avenue Ext Saugerties, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Prime location near Saugerties Village, Horse Show (HITS), shops, restaurants, and waterfront.; - 27 rentable units plus a 1-bedroom manager's apartment (28 total units).; - Large 10,000+ sq ft building featuring four suites, each with full kitchens, dining areas, living rooms, and 6-7 bedrooms with private bathrooms.
More about this property
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