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    State Rte 17 W Parksville, NY 12768

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    Hospitality property with 23 rooms, diner, and stream access.

    Type:Hospitality
    Property size:
    6,000 SF
    Lot size:
    2.42 Acres
    Price / SF:
    $199/SF
    Added:
    Dec 15, 2022
    Days on Market:
    1238
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for State Rte 17 W

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    2.42 Acres
    Property subtype
    Hospitality

    Building Details

    Year Built
    1950

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    Listing Contact
    Greg Tarone

    Listing agent Greg Tarone License #NY 10491212413

    Listing office Gregory Tarone

    Listing date Dec 15, 2022

    Source Crexi

    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

    HighLights

    • Owner financing available: 30% down, 70% at 6% interest‑only monthly up to five years, with no prepayment penalty or fees.
    • Prime location next to a frequented gas station and diner, attracting truckers and offering growth potential.
    • 23 rooms (22 motel rooms plus manager’s apartment) provide immediate income potential.
    • Opportunity to expand by placing cabins along the stream border.
    • Includes a modular diner and stream with fly fishing access on the Little Beaver Kill Stream.
    • Upgraded high‑quality septic system and updated sewer and water.

    Overview

    Motel & Diner Investment Opportunity

    The Sullivan Motel & Diner presents an investment opportunity in Parksville, NY. Located at 960 and 968 Parksville Rd, also known as 7234 Route 17 W, the property includes 23 rooms, comprising 22 guest rooms and a manager's apartment. Constructed in 1990, the two-story building offers approximately 6,000 square feet of space on a 2.42-acre lot. The property is zoned C and features a modular diner and a stream, with potential for fly fishing access. The site benefits from an upgraded septic system and the possibility of expansion with cabins along the stream border. The property is currently vacant and requires updating, including repairs to one room damaged by fire. The location is near a frequently visited gas station and diner, which attracts truckers. The property offers potential as a truck stop, motel, and fly fishing destination. The property has updated sewer and water. The seller is offering a First Purchase Money Mortgage without any subrogation rights: 30% down, balance of 70% at 6% interest-only monthly up to five (5) years, with no fees or prepayment penalty.
    Location Intelligence

    Current Use by Public Records

    Motels

    Similar Places Nearby

    • New Memories 862 Parksville Rd, Parksville, NY 12768

    Map

    City
    Parksville
    County
    Sullivan
    State
    New York
    Longitude
    -74.7860315
    Latitude
    41.8616157

    FAQs

    What type of property is this?
    Motel - Hospitality property with 23 rooms, diner, and stream access.
    Where is this motel located?
    The property is located at State Rte 17 W Parksville, NY.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Owner financing available: 30% down, 70% at 6% interest‑only monthly up to five years, with no prepayment penalty or fees.; Prime location next to a frequented gas station and diner, attracting truckers and offering growth potential.; 23 rooms (22 motel rooms plus manager’s apartment) provide immediate income potential.
    More about this property
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