42565 Route 28
Margaretville, NY, 12455 $ 799,000
Bedrooms-- Baths1.0 Sq 2,200 Monthly Estimate*
$ 5,518
for $799,000 with 1 full bath. This 2,200 square foot building was built in 2012 on a lot size of 23.38.
A 23-acre Catskills property with approximately 400 yards of private frontage along the East Branch of the Delaware River, bringing together an established golf and recreational business, food and beverage operations and event capability in a scenic setting. Over more than 25 years of ownership, the current operators have developed a multi-revenue property centered around golf, recreation, food and beverage, and events. The existing operation includes a 9-hole public golf course (par 29, 1,600 yards, designed by Don Josberger), an 18-hole mini-golf course with full night lighting, a 275-yard floodlit driving range with 10 mat stations, a grass hitting area and adjacent practice green, as well as disc golf. At the heart of the property is a gambrel-style clubhouse and established BBQ restaurant, with two elevated decks overlooking the river and surrounding valley. The restaurant supports dine-in service, takeout, and catering, while a full bar with a liquor license complements the operation. The property has hosted events including weddings, tournaments, private gatherings, and community functions, supported by existing infrastructure, ample parking, and easy circulation throughout the site. Additional space within the building offers flexibility for office or administrative use. For a new owner, the opportunity lies in taking an established Catskills recreational and hospitality business and building upon its existing strengths. The combination of golf, mini-golf, driving range, and disc golf creates multiple recreational offerings within a single property, while the restaurant, full bar, outdoor decks, and event capability bring food, beverage, recreation, and hospitality together in one distinctive setting. The location further strengthens the offering. Margaretville and the surrounding area are experiencing a steady evolution, with an emerging mix of food, beverage, and cultural destinations. Within easy reach of Belleayre Mountain and Plattekill, the area attracts a year-round audience drawn by skiing, hiking, fishing, and a growing local scene. For an experienced operator, hospitality group, or investor, this is an opportunity to step into an established platform and shape its next chapter by refining and enhancing the businesses already in place. A 3D Walkthrough Tour is available in the digital Lookbook or by request.
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FeaturesGeneralSewer Public Sewer
Heating Ductless Electric
Cooling Ductless
Utilities Electricity Connected Phone Connected Sewer Connected Water Connected Propane
Possession Close Of Escrow
Roof Metal
Appliances Vented Exhaust Fan Stainless Steel Appliance(s) Refrigerator Indoor Grill Ice Maker Freezer Free-Standing Gas Range
Zoning BC
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Other
Construction Materials Frame Steel Siding
Year Built 2012
Electric 200+ Amp Service
Township Middletown
Property Subtype Mixed Use
Current Use Mixed Use Recreational See Remarks
Business Type Food & Beverage Hospitality Recreation Restaurant
Waterfront Features River Front
Accessibility Accessible Elevator Installed
County Delaware
Property Type Commercial Sale
Building Features Overhead Door(s) Elevator(s) High Speed Internet Includes Deck Kitchen Facilities Living Space Available Public Restroom(s) Signs Owned
Status Active
City Margaretville
Body of Water Delaware River
High School District Margaretville Central Schools
MLS Area Middletown
Lot Size Units Acres
Lot Size Square Feet 1018432.8
Land Lease Y/N false
Tax Annual Amount 4416
MLS Area Minor Middletown
Virtual Tour https://storybookviewer.com/121292-143790
Structure Type Mixed Use
Standard Status Active
Tax Assessed Value 206400
Tax Lot 20
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InteriorFlooring Carpet Ceramic Tile Vinyl
Total Stories 2
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 1
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ExteriorExterior Amenities Barbecue Lighting
Lot Features Irregular Lot Level On Golf Course Open Lot Views See Remarks
Water Source Well
Lot Size Area 23.38
Building Area Total 2200
Lot Size Acres 23.38
Road Surface Type Asphalt
Frontage Type River See Remarks
Waterfront Y/N true
Road Frontage Type State Road
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* Excluded FeaturesList ByLaura WarrenListing Agent
Coldwell Banker Village GreenBroker
laurawarren.realtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,518
- Monthly Property Taxes
- $368
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Margaretville, NY
Average List Price $504,429
Percent of Sale Price 37%
About Margaretville, NY 1,849 Population
-20% Since 2002
$ 44,246 Median Income
55.69 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/7/2026 | $799,000 | | Listed Price |