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Motel & Diner Redevelopment Opportunity

960/968 Parksville Rd, Lew Beach, NY 12758

For Sale
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Investment opportunity: motel and diner for rehab or redevelopment.

Property Size6,000 SF
Price / SF$164.17
Days on Market1160

Property Features for 960/968 Parksville Rd

General Information

Standard status Active
Size 6,000 SF
Property subtype Hospitality, Special Purpose
Zoning C

Building Details

Year Built 1990
Buildings 1
Stories 2
Units 23
Listing Agency: Gregory Tarone
Listed By: Greg Tarone · License #NY 10491212413
Source: Crexi
Added: Sep 7, 2023 Changed: Oct 26 Last Checked: Nov 8 at 6:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gregory Tarone

Rey
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Investment Insights

Based on property information with market context.

The Sullivan Motel & Diner, located at 960 and 968 Parksville Rd in Parksville, NY, presents an investment opportunity. The property is suitable for either a rehabilitation project or a redevelopment project. A potential use for the property is an RV resort with amenities. The property could also be transformed into a truck stop, motel, and fly-fishing destination on the Little Beaver Kill Stream. The property size is 6000 square feet.

Key Highlights

  • First Purchase Money Mortgage offered by seller: 30% down, 70% balance at 6% interest‑only (monthly) up to 5 years, no fees or prepayment penalty.
  • Incredible investment opportunity for rehab or redevelopment.
  • Potential for RV resort development with amenities.

Property Analytics

Current Use

Specialty properties

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 12758, NY

4,033
Population
3,114
Households
1.3
Avg Household Size
46
Median Age
25%
College-Educated
91%
High-School Grad
153.6 sq mi
ZIP Area
26
Density / Sq Mi
$50,577
Median Household Income
$41,036
Median Earnings
$938
Median Rent
$171,000
Median Home Value

Frequently Asked Questions

What type of property is this?
Specialty property - Investment opportunity: motel and diner for rehab or redevelopment.
Where is this specialty property located?
The property is located at 960/968 Parksville Rd Lew Beach, NY.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: First Purchase Money Mortgage offered by seller: 30% down, 70% balance at 6% interest‑only (monthly) up to 5 years, no fees or prepayment penalty.; Incredible investment opportunity for rehab or redevelopment.; Potential for RV resort development with amenities.
(914) 864-3354 · Office Call to check price and availability
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