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Five Furlongs 2478 NY-145

2,904 SF Vacant Retail Building East Durham, NY 12423 £1,952,213 (£672/SF)

Investment Highlights

  • Bar, Restaurant, & Venue in the Heart of the Catskills!
  • Outdoor 90 x 30 Pavilion, Cabanas, Patio, Back Deck, Firepit
  • Only Gaming License in Greene County
  • Indoor & Outdoor Dining & Seating at Five Furlongs
  • Stunning Waterfalls & Creek! 3 Parcels for a Total of 23.7 Acres.
  • Shuttlebus, Food Trailer, 2 Parking Areas

Executive Summary

An Extraordinary Venue, Tavern, Restaurant, & Pavilion with 3 parcels for a total of 23.7 acres in the Heart of the Catskills in Greene County in East Durham on State Route 145 - Five Furlongs! It's an impressive dining experience with indoor and outdoor seating in the tavern & restaurant, on the back deck, in the spectacular 90 x 30 pavilion, around the firepit, and in the creekside cabanas at the stunning waterfalls & creek. It's an incredible venue to host hundreds of people for weddings, music, parties, celebrations, graduations, retirements, business events, gatherings, & more. The property features 3 parcels with a total of 23.7 acres, 2 parking areas, a new septic system, Thorp Creek, the Cornwallville Creek with waterfalls, a beautiful pavilion, vast outdoor dining & seating with the capacity of hundreds, indoor seating with the capacity of up to 100 persons, 2 wells, a commercial kitchen, a full bar, a pump station, a prep-room, a cold room, a mechanic's room, a dry goods room, a walk-in freezer, a shed for storage, a room for a 2nd kitchen, 4 bedroom & bath ensuites on the 2nd floor, and a total of 10 bathrooms. The premises has 2 liquor licenses and a NY State Gaming License with Off Track Betting. There's a shuttlebus and an optional food trailer for in-house and off-site events. The property and grounds have been exceptionally maintained. It's an incredible venue in the Catskills! It has great proximity to the area's destinations and attractions as it's 5 minutes to Zoom Flume Water Park, 20 minutes to Windham Ski Mountain, 30 minutes to Hunter Ski Mountain, 20 minutes to Dutchman's Landing Park & the Hudson River, 20 minutes to Green Lake, and 45 minutes to Howe Caverns.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Distress Sale
Property Type
Retail
Property Subtype
Bar
Building Size
2,904 SF
Year Built
1980
Price
£1,952,213
Price Per SF
£672
Percent Leased
Vacant
Number of Floors
2
Land Acres
23.70 AC
Zoning
415 - 415 Motel, 438 Parking Lot, & 322 Rural Vacant. 3 Parcels for a total of 23.7 Acres. Tax map #'s: 35.03-4-49, 34.00-4-11.2, & 34.00-4-11.1
  • Listing ID: 33358779

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 2478 NY-145, East Durham, NY 12423

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