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Mixed-Use Inn and Event Property

3311 Route 23a, Palenville, NY 12463

For Sale
New
$2,650,000

Commercial Sale, Palenville, NY

Property Size10,479 SF
Lot Size1.38 Acres
Price / SF$252.89
Days on Market1

Property Features for 3311 Route 23a

General Information

Property type Commercial Sale
Property subtype Other
Zoning 03 GC-.25
Zoning description General Commercial
Bathrooms 11
Full bathrooms 11
Rooms Bathroom 11, Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 7, Bathroom 6, Bathroom 5, Bathroom 10, Basement, Bathroom 2, Bathroom 9, Bathroom 8
Parking 50
Security features Security System
Exterior features Courtyard, Fire Pit, Lighting, Private Entrance, Private Yard
Basement Full, Interior Entry, Storage Space
Appliances Stainless Steel Appliance(s), Refrigerator, Range Hood, Range, Ice Maker, Freezer, Exhaust Fan, Dishwasher, Cooktop, Bar Fridge
Lot features Back Yard, Cleared, Level, Views
Elementary school district Catskill School District
Middle school district Catskill School District
High school district Catskill School District
Directions Property is located in Palenville at the intersection of 23A & 32A across from the Circle W.
Subdivision Catskill
Standard status Active
APN 184.19-3-17 & 184.19-3-18
Size 10,479 SF
Lot size 1.38 Acres

Taxes and HOA fees

Tax Annual Amount 17337

Utilities

Utilities Propane
Sewer type Septic Tank
Heating system Ductless (Heating), Electric (Heating), Baseboard
Cooling system Central Air, Electric, Ductless
Water source Well

Amenities

performance stage
vintage food truck
indoor and outdoor event spaces
landscaped grounds

Building Details

Year built 1947
Floors in Building 2
Flooring type Tile, Hardwood
Building materials Brick, Frame
Roof type Asphalt, Shingle
Listing Agency: Coldwell Banker Village GreenK · Coldwell Banker Real Estate
Listed By: Allison Morelle · License NY #10301217951
Added: Nov 10 Last Checked: Nov 10 at 6:06PM
MLS# 20266621

Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 10,479-square-foot mixed-use hospitality property sits on 1.38 acres and includes nine guest rooms, a restaurant, tavern, two oak bars, and a commercial catering kitchen. A dedicated stage and indoor and outdoor event areas support its entertainment and gathering functions. The property also has landscaped grounds, an expansive lawn, and a vintage food truck. Furniture, fixtures, and equipment are included in the sale.

The site is at the intersection of Routes 23A and 32A in Palenville, with Kaaterskill Falls, Hunter Mountain, Windham Mountain, and North-South Lake among the nearby regional attractions. The building dates to 1947 and has General Commercial zoning. Heating includes ductless, electric, and baseboard systems; cooling is provided by central air and ductless systems. Water is supplied by a well, and the property uses a septic system.

Key Highlights

  • 1.38‑acre property with 10,479 square feet of building area
  • Nine guest rooms, restaurant, tavern, and two custom oak bars
  • Commercial catering kitchen, dedicated performance stage, and indoor and outdoor event areas

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Hotels

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Restaurant Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,698 visits/mo 0.1 miles
Mobil Shops & Services
4,422 visits/mo 0.1 miles

Demographics for 12463, NY

1,405
Population
825
Households
1.7
Avg Household Size
48
Median Age
27%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
187
Density / Sq Mi
$45,993
Median Household Income
$59,167
Median Earnings
$1,002
Median Rent
$246,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Greene County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The hospitality property combines guest accommodations, dining, tavern service, live performance space, and indoor and outdoor event areas.
Where is this mixed-use property located?
The property is located at 3311 Route 23a Palenville, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 1.38‑acre property with 10,479 square feet of building area; Nine guest rooms, restaurant, tavern, and two custom oak bars; Commercial catering kitchen, dedicated performance stage, and indoor and outdoor event areas
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