State Highway 28
Margaretville, NY 12406
MLS #110845
Land
$799,000
Est. P&I payment: $3051.64/mo
Description for State Highway 28, Margaretville, NY 12406This unique parcel offers some of the most outstanding commercial possibilities in the Catskill Region -( BEST CELL PHONE RECEPTION IN THE AREA!)highlighted by a prime Route 28, Arkville, NY road frontage. For many years, this property was the setting for the Locust Grove Guest House, a popular summer vacation retreat for metropolitan residents. The former hotel was situated adjacent to Route 28 and that portion of the acreage still offers a convenient place for development. However, just a short distance away is an elevated building site that offers even greater potential, with stunning views of the Dry Brook Valley.The easternmost portion of the land could easily be configured for additional lodging or commercial endeavors. The property's uppermost section also offers great views and is a prime location for cabins or similar structures. This very special parcel is being offered for sale for the first time in more than 60 years and awaits someone with the vision to create something truly special.
MLS #110845
General Features
- County: Delaware
- Property Type: Land
- Property Subtype 1: Land
- Possession: upon closing
Exterior Features
- Acres: 51
- Lot Size Source: (Survey)
- Lot Measurement: Acres
- Lot Square Footage: 2,221,560
- Allow: Single Wide: No
- Allow: Double Wide: No
- Allow: Modular: No
- Views: Hill/Mountain View
- Restrictions: None
Financial Features
- Terms: Cash
- Assessment: 138,800
- School Tax: 1,180.09
- Town/County Tax: 1,429.61
- Tax Id: 285.-2-34.1
- Lease Type: Net
School Features
- School District: Margaretville
Location
Street View Not Available
Directions to State Highway 28, Margaretville, NY 12406
From Margaretville go through Arkville on Route 28. Just past Morse Hill Road on left
The listing information for State Highway 28, Margaretville, NY 12406 was graciously provided by our friends at the listing brokerage, Coldwell Banker Timberland Properties
Get Financing for State Highway 28, Margaretville, NY 12406
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Last Updated 04/26/2018 at 1:42am
