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  • Price$1,650,000
  • Sq. Ft.40,000
  • Acres4.00
  • Built1967

334 Route 32a, Palenville

Ultra rare turn key business opportunity! "The Catskill Mountain Lodge" and "Kindred Spirits" are being offered for sale. This resort is located in Palenville, NY which is known as "America's first artists colony." The Lodge is truly unique and is the only hotel directly set on the banks of the iconic Kaaterskill Creek. The Lodge offers guests an array of year-round accommodations including cabins, cottages and spacious hotel rooms; there are 41 units in all plus a three bedroom on site house. Boasting two seasonal swimming pools, two playgrounds, a game room, gym, basketball court, horseshoe pits, stream side picnic tables, fire pits and much more more! Guests enjoy the immense beauty and natural resources the Catskill Mountains afford. Among the 10 buildings on the four acre property is the Kindred Spirits Steakhouse & Pub, where guests can enjoy local Catskills flavor. Here visitors can sip local draft beers by the large wood burning fireplace or places wagers in one of New York’s rare Off Track Betting Tele-theaters. There’s also dining al fresco and live Jazz featuring top Hudson valley musicians. The Lodge has a strong presence on the Internet through its own website with online booking, as well as on Expedia, Booking.com and scores of other reservation portals. A computer property management system is owned by The Lodge and state of the art credit card payment systems are in place at the Front Desk and restaurant, which also has its own POS system. Security cameras at the hotel and restaurant can be monitored from remote locations and on mobile devices. The entire complex has an emergency back up generator which provides power maintaining electricity in the rare event of utility power loss. The Lodge has the unique distinction as one of the “greenest” hotels in New York, utilizing solar energy, recycling, LED lighting and other environmentally friendly measures. The hotel earned “Gold” status for its commitment toward energy conservation and for preserving the environment. The Lodge has been used as a film location for a number of films and has been featured on the Travel Channel, publications and newspapers over the past 10 years. Celebrities and sports figures have stayed here and Grammy winning musicians have performed here. The Lodge is ten minutes from Hunter Mountain and Windham Ski Centers. In addition to skiing, Hunter mountain hosts a number of year round events including Mountain Jam and Taste of Country concerts, Craft Beer and Food Festivals, German Alps Fest, Celtic Fest, and Oktoberfest Fest. Woodstock, and Saugerties are just minutes away with Saugerties being the home of Horse shows in the Sun (HITS) which is a championship equestrian event. Room bookings are often completely filled during these events. Locally there is a fabulous 18 hole golf course and country club (Rip Van Winkle) just one mile away which has spectacular mountain views. There are several Catskill Mountain trail heads within walking distance of the Lodge as well as Kaaterskill Falls which offer world class hiking and premier outdoor activities. The Lodge has been continuously run for more than 50 years and has been very well kept and improved upon over the years. Buses from NYC arrive and depart from here twice daily, making the hotel a convenient getaway for city residents.

Essential Information

  • MLS® #20170881
  • Price$1,650,000
  • Square Footage40,000
  • Acres4.00
  • Year Built1967
  • TypeCommercial/Industrial
  • Sub-TypeHotel/Motel
  • StatusACTIVE

Amenities

  • FeaturesFIRE ALARM, LAUNDRY ROOM
  • ParkingLOT, OFF STREET, Parking Spaces 20+

Exterior

  • Lot DescriptionLEVEL, PARKING LOT, OTHER/SEE REMARKS
  • ConstructionFRAME/STICK, MASONRY, OTHER/SEE REMARKS

Additional Information

  • ZoningCommercial

Community Information

  • Address334 Route 32a
  • AreaOOC - GREENE
  • CityPalenville
  • CountyGreene County
  • StateNY
  • Zip Code12463

Interior

  • HeatingFORCED AIR, HOT WATER, OTHER/SEE REMARKS

School Information

  • DistrictCatskill School District

Listing Details

  • Listing Office:Win Morrison Realty

Price Change History for 334 Route 32a, Palenville, NY (MLS® #20170881)

Date Details Price Change
Price Increased $1,650,000 $151,000 (10.07%)
Price Reduced $1,499,000 $451,000 (23.13%)
Price Reduced $1,950,000 $45,000 (2.26%)
Price Increased $1,995,000 $1,800,000 (923.08%)
Price Reduced (from $2,100,000) $195,000 $1,905,000 (90.71%)
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