2478 Route 145, Durham, NY 12423

$1,650,000

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List Price
$1,650,000
Days on Market
4
MLS#
1067450
Status
ACTIVE
Property Type
Hotel/Motel
Property Tax
$10,719
Neighborhood
Durham
School District
Cairo-Durham
High School
Cairo-Durham High School
Jr. High
Cairo-Durham Middle School
Elementary School
Cairo-Durham Elementary School

Property Description

AN EXCEPTIONAL CATSKILLS HOSPITALITY & ENTERTAINMENT OPPORTUNITY. ONE DESTINATION. MULTIPLE POSSIBILITIES -- FIVE FURLONGS, EAST DURHAM, NY Discover an extraordinary opportunity in East Durham, affectionately known as the Emerald Isle of the Catskills, just 10 minutes from Windham Mountain and the thriving Windham resort community; skiing, golf, hiking, festivals, wedding venues, and year-round recreational destinations. From a Catskills wedding venue and live entertainment destination to an expanded food, beverage, and special-events operation, Five Furlongs offers the infrastructure, location, and setting to bring an ambitious vision to life with multi million earning power potential. Prominently situated at the four corners, along the waterfront of Thorpe Creek, Five Furlongs offers a combination of established hospitality, entertainment, and special-event potential in one of Greene County's most recognized tourism destinations with approx. 4000 passengers per day, (NYS DOT). The property currently benefits with two liquor licenses and a New York State gaming license associated with off-track betting operations, subject to applicable regulatory approvals and transferability requirements. A standout feature is the impressive 90' x 30' Amish-built pavilion, complete with a permanent performance stage--an exceptional setting for weddings, receptions, live music, festivals, private celebrations, corporate gatherings, and outdoor entertainment. A picturesque waterfall adds natural character and an unforgettable backdrop for special events. Located within reach of Windham, Hunter Mountain, year-round outdoor recreation, and the greater Hudson Valley, this is an opportunity to capitalize on the Catskills' established tourism and hospitality market. FIVE FURLONGS -- WHERE CATSKILLS HOSPITALITY, ENTERTAINMENT & OPPORTUNITY CONVERGE.

Additional Information

Acres
0.50
Basement
Finished, Full, Walk-Out Access
Heating
Electric, Heat Pump, Propane
Cooling
None
Water
Well
Sewer
Septic Tank

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Listing courtesy of Listing Agent: Natasha A. Witka (newwestproperties@gmail.com) from Listing Office: Century 21 New West Properties.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.