Mary Collins Real Estate, Inc.
 
NEW PALTZ NY - ID: 20164478 - NEW PALTZ On the Market
500 Main Street, New Paltz, NY 12561 ID: 20164478
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Price: $1,500,000

Sq. Feet: 608

Acreage: 2.10

Year Built: 1950

School District: NEW PALTZ



CONTACT
Mary Collins Real Estate
(845) 687-0911
Contact Us!
Property Type: Mixed Use

Description: SUPERIOR LOCATION! In January 2017, Governor Cuomo announced the Empire State Trail, a new initiative placing New York State at the forefront of national efforts to enhance outdoor recreation, community vitality, and tourism development. When completed by the end of 2020, the Empire State Trail will be a continuous 750-mile route spanning the state from New York City to Canada and Buffalo to Albany, creating the longest multi-use state trail in the nation. This property is located at a strategic crossroads within this Trail System, a quarter of a mile from the New Paltz Thruway Exit 18. Construction is currently underway extending the existing Hudson Valley Rail Trail from Highland to the Wallkill Valley Rail Trail enabling bikers and pedestrians to travel from Kingston (and all points north) to New Paltz to Highland, across the Walkway Over the Hudson to Poughkeepsie, Hopewell Junction and points south. This section of the Trail is slated to be completed by November of this year! The Trail will be directly in front of and contiguous with this parcel. A natural stopping place due to the Trail crossing Route 299 at this intersection. With a High Traffic Count, in excess of 18, 000 vehicles per day currently, things are sure to get even busier. This presents an amazing Business Opportunity to anyone with the vision to see the possibilities there. Additionally, directly across the street (South Ohioville) is the Proposed Wildberry Lodge, a 90-room “contemporary modern barn” hotel and a butterfly conservatory of 3-6, 000 square feet that would also be suitable for catered events. The facility would also house event space for 150 with a demonstration kitchen, a “local merchandise and craft shop” and spa facilities. So many possibilities!!
608 sq.ft. (figure represented in "Total Building Square Footage" Field) Cottage at rear of property will remain.




FEATURES:
NUMBER OF UNITS: 2
ZONE: Hwy Business
LOT DIMENSIONS: 2.1 Acres
CONDITION: Very Good
LOT FEATURES: Corner Lot, Landscaped, Level, Parking Lot
LOT/SITE: Suburb


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Listing courtesy of: Murphy Realty Group, Murphy Realty Group / Listing Agents: John Murphy, Edwin Maldonado
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