4223 State Route 97 Highland NY, 12719 Eldred
$1,775,000
5 Beds / 5 Full Baths | 2 Half Baths | ML# H6302986
Property Picture

Spectacular Commercial/Residential/Multifamily provides many investment opportunities! Overlooking the Pristine Delaware River, perfectly appointed on the scenic byway, 2 hours from NYC in the highly sought-after Catskills of Sullivan County, truly a dream location! This is not your ordinary commercial/multifamily/investment opportunity, this is a luxurious property with an open contemporary flow and additional spaces to expand on this rare find, offered far below what today’s prices would cost to recreate. The property was meticulously designed with attention to high-end detail throughout. The main level’s open floor plan, currently used as a third residential space, includes the infrastructure for a stunning business/restaurant/event space/wine bar/spa with town approval/permits, with endless water views & is easily accessible throughout. This light-filled space offers 3 sets of 8-foot tall, double French doors, opening onto an expansive deck with incredible views of the world-famous Roebling Suspension Bridge, the historic D&H Canal, and Sullivan Catskills’ jewel - the Delaware River, making this a true destination spot! The building also boasts two fabulous bi-level apartments with high ceilings, hardwood floors, imported ornate marble fireplaces, bluestone bathrooms, granite countertops, and open floor plans. All three spaces could also be connected to create one cohesive business or living space if/as desired. Sun-splashed with an abundance of gorgeous windows throughout, each of the three spacious units is currently leased, with flexible terms in position for the next owner. All spaces have separate utilities, central a/c, and security systems. The walkout basement is roughed in for electricity & plumbing, with a functioning half-bath and a private deck leading out to the grounds & river offering opportunities to create additional business or living space, entertaining/event rooms, wine tasting, and studios. The outbuilding, presently used for storage, also offers creative expansion opportunities. Its location, approximately 2+ hrs from NYC and 30 minutes to trains and buses makes this special investment property a prime location and an easy commute. Close by you’ll find many picturesque river towns for dining/antiquing/shopping/theatre, the Delaware River for rafting/fishing, Bethel Woods Performing Arts Center (the original Woodstock site), Kartrite Indoor Water Park, Resorts World Casino, skiing at Holiday Mountain/Big Bear at Masthope Mountain, many amazing hiking/biking trails, waterfalls and lakes, and absolutely the best farmers markets you’ll find anywhere, all for a beautiful life in the country close to so many activities and 2 hrs from NYC!

    Century 21 Unique
    Century 21 Unique Licensed Associate Real Estate Broker (718) 786-0022 info@c21unique.com