SqFt
6,425
In the Heart of Woodstock, just steps away from the Village Green, lies Hotel Woodstock. Hotel Woodstock is, quite simply, one of the Best Investment properties in the Hudson Valley! The story goes that Hotel Woodstock was born in 1870 with between 18-20 Rooms and it’s rumored that Ulysses S. Grant stayed here in 1872. Substantive work was done to the structure in the early 1930’s by Stanley Brinkerhoff Longyear. In1962 the many lodging rooms were combined to create eight (8) Private Apartments on the 2nd & 3rd floors for full time residents. In 2016 the current Owners began renting the furnished apartments to guests by the night, returning the building to travelers from around the world once again for that authentic Woodstock experience! Currently the property is set up with Nine (9) Residential Units, Five (5) Retail Units and is Permitted for One (1) Outdoor Vending Space. 5 Rock City Road, the Original Building, has Eight (8) Residential Units and Four (4) Retail Spaces. 9 Rock City Rd, the more recent Cottage, has One (1) Residential Unit, One (1) Retail Space and backs up to the Tannery Brook. The Nine Residential Units are Permitted to operate as a “Boutique Hotel” and are offered through Air BNB and VRBO (and its affiliates). The Five(5) Retail Spaces are occupied with three (3) Shops in the Main Building (one shop occupies two spaces). There have been many Improvements since 2016 including the paved lot, the front sidewalk, Electric, Fuel Tanks and more! If you’re looking for a Solid Investment in a perennially stable Tourist Area, look no further. This property is perfect for a 1031 Exchange! People are flocking to the scenic Catskill Mountains to get away, breathe some fresh air, take a hike amongst the natural beauty and experience the many quaint villages lined with charming shops. The Short-term rental industry has been booming locally. The perennially stable and desirable Village of Woodstock provides the perfect get-a-way spot for tourists from the metropolitan areas of downstate New York making this property a solid investment!
Listing Price
$2,950,000
Listing ID
20231249
Year Built
1965
Property Type
Commercial
Zoning
HC
County
Ulster County
Listing ID
20231249
Price$2,950,000$200K
Status
ACTIVE
SqFt
6,425
Acres
0.320
County
Ulster County
Year Built
1965
Property Type
Commercial
Property Sub Type
Mixed Use
Area/Town
WOODSTOCK
School District
Onteora Central
County
Ulster County
Price Before Reduction
3150000
Price Reduction Date
2023-05-26T19:34:28+00:00
Property Sub Type
Mixed Use
Property Type
Commercial
Year Built
1965
Zoning
HC
Basement
FULL
Cooling/Air Conditioning
WINDOW UNIT
Floors
CARPET, LINOLEUM, WOOD
Heat Source
STEAM, WALL
Heating Fuel
OIL, PROPANE
Hot Water
OIL, PROPANE
Interior
RETAIL SQFT, RESIDENTIAL SQFT
Exterior
PARTIALLY FENCED
Garage/Parking Extras
LOT-PAVED, LOT-STRIPED
Lot
10
Lot Dimensions
0.32 Ac
Lot Features
PARKING LOT
Lot/Site
HAMLET/VILLAGE
Other Buildings
OTHER/SEE REMARKS
Road Frontage
CITY STREET, PAVED
Area/Town
WOODSTOCK
Block
3
Lot Block Address
10,3,5-9 Rock City
School District
Onteora Central
Section
27.54
Townships
Woodstock
Addendum
Woodstock, also known as, The Colony of the Arts, has been well known as an artists community drawing tourists who enjoy the eclectic retail shops, art galleries, theatrical performances, plus the unique charm, character and friendly atmosphere. People who stay in the area also enjoy a short drive to the Ashokan Rail Trail for an easy walk, jog or bike ride through a beautiful variety of trees that opens up to vast views of the picturesque Ashokan Reservoir and its backdrop of the majestic mountain peaks and ridges. The Catskills also provides more challenging hiking experiences near the Village as well. Woodstock is still alive during the winter months with ski slopes within easy reach for day trips. A variety of festivals and holiday parades will not disappoint and are fun for all ages. Every day visitors will enjoy the special Woodstocky shops that line the streets along with the many unique restaurants.
Age
61-100
Assessed
1022000
Commercial Features
DISPLAY WINDOW, FIRE ALARM, KITCHEN FACILITES, OVERHEAD SPRINKLERS, PRIVATE RESTROOMS, SMOKE DETECTORS
Construction
FRAME/STICK
Current Business Type
GENERAL RETAIL, HOTEL/MOTEL
Electricity
CIRCUIT BREAKERS, 200 AMPS, GENERATOR HOOKUP
Flood Plain
N
Listing Agreement
Yes
Sewer
MUNICIPAL
Survey
no
Water
MUNICIPAL
Cap Rate
8
Financials Available
yes
For Sale/Rent
For Sale
General Tax
12008
Lease Type
MONTH TO MONTH, OTHER
Sales Include
BLDG, EQUIPMENT
School Tax
15309
Total Taxes
27317
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