$995,000 Price Analysis    ♡   Hobart, NY 13788 5 bed 7 bath 3,571 SqFt ($278/SqFt) 1.0 acre lot. Built 1890 Listed 2023-12-06 | May be USDA loan restricted due to income limits near Hobart |
Located in the heart of the picturesque Catskill book village of Hobart
* Has Contingent Offer *This profitable and well-regarded boutique inn and gastropub is ready for its next proprietor. Be a part of the flourishing food and creative community of the Western Catskills with all this property offers including five well-appointed guest rooms, a pub with a fully-equipped commercial kitchen, a beer garden and multiple outbuildings. Whether its a micro-wedding venue, upscale bed and breakfast or pub for both locals and weekenders - this property can provide a multitude of revenue streams. The main building, built in 1890, was renovated and converted into a restaurant and inn by the current owner with impeccable design sense while maintaini ng all of its historic charm. A breezy, wraparound porch with additional restaurant seating leads into the reception area, bar and dining room that seats approximately 55 customers. The ground floor also includes two spacious, fully furnished guest rooms with private entrances. Upstairs are three more furnished guest rooms (each with their own bathroom), a laundry room and storage.
Surrounding the property is a picturesque acre of land a mix of open yard, tall shady Hemlock trees and water frontage on the West Branch Delaware River giving guests a sense of peace and nature while still being in a walkable village setting. Outbuildings include a barn with new flooring (perfect for events and dancing!), an adorable old schoolhouse that is begging to be converted into a tiny guesthouse or studio and a shed for storage. The highlight outside is the beer garden space with picnic tables, a cantina/bar with outdoor grill for serving drinks and food, a bocce court, fire pits, performance stage and new electric and sound system. The property has also hsted lovely weddings successfully which adds to its income-generating potential. Centrally located on a prime corner lot on Main St in Hobart (recently profiled in the Pristine York Times, the village is home to eight independent bookstores), the property is 15 minutes or less from the Western Catskill towns of Bovina, Stamford and Delhi, 30 minutes to Roxbury and skiing at Plattekill and under 45 minutes to Windham, Hunter and Belleayre ski mountains. The area abounds with hiking trails (including a rail trail steps away), fishing access and local farm stands and marketsall this about 2.5 hours from the GWB!
Presented by Hillary Kolos at
Compass Greater NY, LLC.
Property MLS #20233486 from UlsterCounty
Basement Features: Partial, Unfinished, Walk-Out Access
Full Bathrooms: 5
1/2 Bathrooms: 2
Flooring: Ceramic Tile, Hardwood
Washer
Tankless Water Heater
Refrigerator
Range
Oven
Instant Hot Water
Electric Water Heater
Dryer
Dishwasher
Fireplace Features: Dining Room, Masonry, Wood Burning
Heating Features: Baseboard, Electric, Oil, Radiant
Heating: Yes
Landscaped
Lot Size Acres: 1.0
Lot Size Dimensions: Variable
Lot Size Square Feet: 43560
Road Surface Type: Gravel
Porch Description: Patio
Calculated Total Monthly Association Fees: 0
Map directions Map directionsSource Listing Status: Active Under Contract
County: Delaware
Directions: From NY-28, turn right onto Co Rd 38; right onto NY-30; left onto NY-23W; left on Railroad Ave; left onto NY-10. Property will be on the left.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: Residential
Area: Delaware
MLS Area Minor: Delaware
Source Neighborhood: Delaware
Property Subtype: Single Family Residence
Source System Name: C2C
$995,000
UlsterCounty
Listed 2023-12-06
$995,000
OtsegoDelaware
Listing removed 2023-10-04
$995,000
UlsterCounty
Listing removed 2023-08-09
$1,100,000
UlsterCounty
Listing removed 2023-08-09
$1,100,000
OtsegoDelaware
Price Changed 2023-07-15
$995,000
UlsterCounty
Listing removed 2023-06-28
$1,100,000
OtsegoDelaware
Listed 2023-04-03
$1,100,000
UlsterCounty
Listing removed 2023-03-15
$0
OtsegoDelaware
Listed 2023-02-08
$1,100,000
OtsegoDelaware
Listing removed 2022-12-14
$0
ColumbiaDutchess
Listed 2022-08-10
$1,250,000
ColumbiaDutchess
Sold 2015-06-17
$125,000
OtsegoDelaware
Listed 2014-12-14
$148,500
OtsegoDelaware
Listing removed 2014-10-31
$149,900
OtsegoDelaware
Price Changed 2013-10-28
$149,900
OtsegoDelaware
Relisted 2013-08-27
$199,900
OtsegoDelaware
Listing removed 2013-08-26
$199,900
OtsegoDelaware
Price Changed 2013-04-08
$199,900
OtsegoDelaware
Listed 2012-10-11
$214,900
OtsegoDelaware
Year Built: 1890
Building Area Total: 3571
Building Exterior Type: Frame, Vinyl Siding
Construction Materials: Frame, Vinyl Siding
Property Age: 134
Roof: Asphalt, Metal, Shingle
Architectural Style: Victorian
Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.