Greenville, NY 12431

Property

Ownership: For Sale
Type: mixed-use
Lot Size: 1 Acres

Financials

Price:$659,000
Annual Taxes:$11,445.39
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Coldwell Banker Village Green

An extraordinary opportunity to own and reimagine one of the Catskills distinctive historic properties.

Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House
Carriage House

Description

An extraordinary opportunity to own and reimagine one of the Catskills’ distinctive historic properties. The Freehold Inn is a versatile, income-producing-ready property offering a turnkey restaurant and bar, two renovated apartments, and a substantial carriage house—all set in the heart of the growing Catskills region. The approximately 3,500-square-foot restaurant and bar is fully equipped and ready to reopen its doors. The dining room accommodates approximately 80 guests, with an additional 15 seats at the bar. Included in the sale is an extensive collection of furniture, fixtures and equipment, including tables, chairs, barstools, artwork, dinnerware, kitchenware, and a fully equipped commercial kitchen. Outdoor dining opportunities further expand the potential for creating an inviting destination for locals, visitors, and travelers. Adding significant flexibility and income potential are two apartments located above the restaurant: a beautifully renovated one-bedroom apartment and a two-bedroom apartment. These spaces offer an ideal live/work arrangement, on-site accommodations for an owner or operator, or additional rental income. The spacious carriage house provides an exciting blank canvas for the next chapter of the property. Depending on approvals and the buyer's vision, it could serve as an event or wedding venue, additional dining space, separate commercial or creative space, or potentially be transformed into residential accommodations. Its size and versatility create an exceptional opportunity to expand the property's income-producing potential. While the property is ideally suited to continue as a restaurant and bar, its possibilities extend far beyond its current configuration. Envision a boutique bed and breakfast, destination restaurant, brew pub, wine bar, event venue, wellness retreat, culinary destination, creative workspace, or distinctive hospitality compound. The combination of commercial infrastructure, residential space, and additional buildings offers an unusual degree of flexibility for an entrepreneurial buyer. Located in the heart of the Catskills, the Freehold Inn is positioned to benefit from the region's continued growth as a destination for dining, recreation, second-home ownership, and tourism. A rare opportunity to acquire a substantial Catskills property with an established identity, extensive infrastructure, multiple potential income streams, and the flexibility to create something truly distinctive. Bring your vision and unlock the next chapter of the Freehold Inn. Seller is flexible on terms.

Amenities

  • Cable Connected
  • Electricity Connected
  • Phone Connected
  • Propane
  • Trash Collection Private
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.