7284 Ny-28, Shandaken, NY 12480

Property Description

A rare opportunity for an entrepreneur, investor, or buyer with the vision to revive a historic Catskills property and give it new life. Prominently positioned along high-traffic Route 28 on the way to Belleayre Mountain and just minutes from Phoenicia, this commercially zoned property offers excellent visibility and a wide range of possibilities. The building requires significant work and is not a turnkey opportunity, but its size, location, and flexible layout create tremendous potential. With areas that may lend themselves to as many as four separate units, a new owner could explore a combination of rental income, business space, workshops, offices, employee housing, or owner-occupied use, subject to municipal approvals. It could be an affordable starting point for someone launching a small business or an exciting expansion opportunity for an established operation ready to create a distinctive Catskills destination. Commercial zoning may help streamline certain proposed uses, although buyers should independently verify their plans with the municipality. Because of the property's commercial designation and current condition, conventional residential financing may be challenging; cash, commercial financing, or renovation-based financing may be the best fit. Priced to reflect the work needed while recognizing the property's considerable potential, this is a chance to transform a once-active historic building into something meaningful again--whether that means income-producing units, a thriving roadside business, a creative mixed-use property, or an entirely new vision.