For Sale
$1,299,000

689 Heiden Rd Monticello, NY 12784

Prime Location, Huge Potential, Tax Exempt

Overview

Added:
Feb 3
Days on market:
78
This exceptional 7,600 square foot property, situated on five acres in Monticello, NY, presents a unique investment opportunity. Ideally located just two miles from Exit 107 off Route 17, across from the HCS Resort (formerly the Raleigh Hotel) and adjacent to Venetian Villas, this property boasts a prime Catskills location with year-round services. The existing structure, a former motel known as the Mountain Pine Motel, offers significant potential for redevelopment or restoration. The building features a 3,700 square foot footprint per floor. The first floor includes a small indoor pool, a library, nine bathrooms, a commercial kitchen, three large rooms (approximately 16' x 22'), and three standard-sized rooms. The second floor comprises fourteen rooms, each with a full bath and a small kitchenette. An outdoor pool complements the existing amenities. The property also enjoys a picturesque setting, backing up to Kiamesha Creek and a tranquil waterfall. Past approvals exist for an expansion of fourteen additional suites. Currently tax-exempt, the property's previous use as a school by a congregation suggests its adaptability to various purposes. Ideal for a camp, motel, or other commercial venture, this property offers the chance to create a dream haven or explore subdivision/development possibilities. The substantial size and prime location make this a truly remarkable opportunity.

Property Details for 689 Heiden Rd

Property type
Commercial real estate
Square Feet
7,600 SF
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Monticello
County
Sullivan County
State
New York
Latitude
41.6776
Longitude
-74.63361

FAQs

What type of property is this?
Commercial real estate - Prime Location, Huge Potential, Tax Exempt
Where is the commercial real estate located?
The property is located at 689 Heiden Rd Monticello, NY.
What is the asking price?
The asking price for this property is $1,299,000.
How can I contact the broker?
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689 Heiden Rd
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