8
See all 8 photos
$500,000
Est. payment /mo
52 Acres Lot
New
229 Old Mountain RD Otisville, NY 10963
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1054852
Rental Info No
Annual Tax Amount $22,529
Lot Size 52.000 Acres
Acres 52.0
Source onekey2
Property Description
This property is an unusual 52-acre property with a substantial collection of buildings. It was purchased 20 years ago for a potential institutional, educational, retreat or adaptive-reuse property, rather than its value as 52 acres of vacant land. There are 13 existing buildings, which appear to be sound but have not been used for many years and most likely either need to be torn down or extensively renovated. The zoning is B-1 which is Mount Hope's Business District, which permits a range of commercial uses, including offices, retail, restaurants and convenience stores, certain industrial, institutional and hospitality uses with Planning Board approval. The Town describes B-1 as a commercial district with less restrictive bulk requirements than its Local Business (LB) district. Permitted principal uses - Offices and professional offices- Banks- Restaurants and other eating and drinking establishments- Retail stores- Convenience stores-Personal-service businesses. Seller is anxious to sell and will entertain all reasonable offers. Assessor has value north of $1M. Seller will entertain all reasonable offers.
Location
State NY
County Orange County
Interior
Fireplace No
Building
Sewer Shared Septic
Water Shared Well
Schools
Elementary Schools Otisville Elementary School
Middle Schools Minisink Valley Middle School
High Schools Minisink Valley
School District Minisink Valley
Others
Senior Community No
Special Listing Condition None
Listed by Keller Williams Realty • Joseph Distelburger
NEARBY SCHOOL & BUSINESS
Kevin Smith
Licensed Real Estate Associate Broker License ID: 10301223551
+1(845) 250-3438 | kev.smith@exprealty.com