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5674 Ny-52 Kenoza Lake, NY 12750

Sponsored
For Sale
$195,000

Historic 12,000 sq ft Inn on 13 acres

Property size:
12,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This unique redevelopment opportunity presents the chance to acquire The Fern Inn, a 12,000 square foot historic bed and breakfast situated on 13 acres in Kenoza Lake, New York. Located at 5674 NY-52, Sullivan County, this property offers significant potential for restoration and renovation. The asking price is $195,000, translating to $24.58 per square foot. The property consists of one building and features a fee simple ownership. Town of Delaware tax map # 2600-027-0-0001-011-000. Annual property taxes are approximately $5,400. The property's zoning allows for adaptive reuse of older residential structures, aligning with its historic character and the area's tourism economy. This presents a multitude of options for expansion and repurposing, beyond its original use as a bed and breakfast. Owner financing is available with a 30% down payment and a 70% balance at interest-only monthly payments over five years, with no fees or prepayment penalties. This attractive financing option allows for the acquisition and subsequent securing of permanent financing once operational. The property's size, location, and historical significance make it an exceptional investment prospect.

Property Features for 5674 Ny-52

General Information

Property type
Hotels
Square Feet
12,000 SF
Lot Size
566,280 SF

Building Details

Buildings
1

HighLights

  • Exceptional adaptive reuse opportunity.
  • Prime location with high visibility and foot traffic.
  • Significant historical character and architectural details.
  • Flexible zoning allows for diverse commercial uses.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Spa & Massage Kitchen & Bath Hotel & Motel Plumbing Service Pet Store Breakfast Bed & Breakfast

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

Location Insight

  • Map
  • Local Demand
City
Kenoza Lake
County
Sullivan
State
New York
Longitude
-74.9496779
Latitude
41.7334561

FAQs

What type of property is this?
Hotel - Historic 12,000 sq ft Inn on 13 acres
Where is this hotel located?
The property is located at 5674 Ny-52 Kenoza Lake, NY.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Exceptional adaptive reuse opportunity.; Prime location with high visibility and foot traffic.; Significant historical character and architectural details.
More about this property
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