5394 Route 23 $1,250,000

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    5394 Route 23 Windham, NY

    • Commercial
    • MLS# 20211165
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    Views: 17 Days On Site: 160

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    Property Details

    Description Tours

    Search no further for a moneymaker: a sterling short-term rental investment with a pedigree -- a restored turn-of-the-century vaudeville house and movie theater, and later a firehouse -- in the center of Upstate's premier ski town, Windham. With an annual projected income headed toward $200,000 and expenses under control. And if not a short-term rental use, the building lends itself to a myriad of other possibilities, including offices, retail or arts use. (Seller is open to renting back his current downstairs office space for $2,500 monthly or vacate.) How many investment properties can you think of with this kind of restored history in it, including its own proscenium stage, which beats most screening rooms. The current owner has taken great pains (and expense) with lovingly restoring the original details, including the 15-foot high pressed tin ceiling in the old-theater great room. The chef's kitchen there includes a long bar with beer taps and a wine cooler for viewing enjoyment. Currently configured as two separate apartments that can also convert to three simply by closing doors; and offices that can also convert to apartment use with the easy addition of a shower and a small kitchen. The flexibility is wonderful and the list of improvements and restoration is long, and available to you. Add it all together -- the location, the history, the monetary return and the easy maintenance -- and you have an investment offering that's hard to resist.

    • General Features
      • Age 100-200
      • Area Town GREENE
      • CURRENT BUSINESS TYPE APARTMENT INCLUDED,BED & BREAKFAST
      • General Taxes 2863
      • School Tax 1458
      • Sewer MUNICIPAL
      • Type Mixed Use
      • Year Built 1899
    • Building Features
      • Construction FRAME/STICK
      • COOLING AIR CONDITIONING DUCTLESS SPLIT AC UNITS
      • FLOORS CARPET,CERAMIC,HARDWOOD
      • GARAGE PARKING EXTRAS OFF STREET
      • HEAT SOURCE DUCTLESS MINI SPLIT SYS
      • HEATING FUEL PROPANE
      • INTERIOR OFFICE SQFT,RESIDENTIAL SQFT,FRONTAGE
      • OTHER ROOMS OTHER/SEE REMARKS
      • Total Building Sqft 5456
    • Property Features
      • Lot Dimensions 0.10 Acres
      • LOT SITE HAMLET/VILLAGE
      • Number of Acres 0.1
      • WATER1 MUNICIPAL
    • Schools
      • School District Wind-Ash-Jewett
      • School District1 Wind-Ash-Jewett

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    (Windham) Demographics

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,250,000
    4/12/2021 1:03:00 PM New in Database Source: Multiple Listing Service New Value: $1,250,000

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    The data relating to real estate on this website comes in part from the IDX program of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Nutshell Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2021 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.