43-45 Mill Hill Road
Woodstock, NY, 12498 $ 4,000,000
Bedrooms-- Baths2.0 Sq 1,742 Monthly Estimate*
$ 25,256
for $4,000,000 with 2 full baths. This 1,742 square foot building was built in 1972 on a lot size of 0.37.
Some addresses simply exist within a town. Others become part of its identity. 43-45 Mill Hill Road, located in the heart of Woodstock, presents a rare opportunity to own a piece of one of the Hudson Valley's most iconic and enduring destinations. Positioned along one of the village's most visible commercial corridors, the property sits at the center of the energy that has drawn generations to Woodstock. Artists, musicians, makers, restaurateurs, weekenders and longtime residents have shaped a community known far beyond the Catskills, creating a year-round destination where independent businesses, food, art and creative culture continue to thrive. Positioned on .37 acres, the property comprises two distinct commercial buildings, currently home to The Penny Cafe & Tavern. Each offers its own character and function, together creating a versatile commercial footprint in the heart of the village. The Tavern occupies the property's charming single-story building, where a covered deck extends the space outdoors and creates an inviting setting for dining, gathering and entertaining. Surrounded by established landscaping, the building has an intimate character that feels naturally at home within Woodstock's village landscape. The neighboring two-story building is home to The Penny Cafe on its first floor. Above, a separate entrance provides independent access to the second level, which features a prep kitchen and a powder room, adding another layer of flexibility to the property and its existing commercial use. Together, the two buildings create something more distinctive than a conventional commercial offering, with multiple spaces, indoor and outdoor experiences, and an established presence along one of Woodstock's primary commercial thoroughfares. Beyond the buildings themselves, the significance of this offering is its location. Hamlet Commercial zoning places the property within Woodstock's established commercial district, surrounded by the restaurants, shops, galleries and gathering places that make the village one of the Hudson Valley's most recognizable destinations. Its prominent position along Mill Hill Road provides the kind of visibility and connection to the village that simply cannot be recreated. The property is offered with an existing triple-net lease, presenting an opportunity to acquire an established income-producing asset in an exceptionally limited market. Under the current lease structure, the tenant is responsible for utilities, taxes, insurance, management, exterior maintenance, and grounds care. More than a commercial investment, 43-45 Mill Hill Road represents an opportunity to hold a lasting presence in a place whose influence extends far beyond the Catskills. Commercial properties in the heart of Woodstock are inherently finite, and offerings combining visibility, character, multiple structures, outdoor space, and an established tenant are particularly rare. This is not simply an opportunity to acquire commercial real estate. It is an opportunity to own a piece of Woodstock.
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FeaturesGeneralSewer Public Sewer
Cooling Ductless Electric
Roof Asphalt Metal Shingle Wood
Zoning HC
Construction Materials Wood Siding
Year Built 1972
Tenant Pays All Utilities Exterior Maintenance Insurance Management Taxes See Remarks
Township Woodstock
Property Subtype Business
Business Type Restaurant
County Ulster
Property Type Commercial Sale
Other Structures Storage
Status Active
City Woodstock
MLS Area Woodstock
Lot Size Units Acres
Lot Size Square Feet 16117.2
Tax Annual Amount 14189
MLS Area Minor Woodstock
Standard Status Active
Tax Assessed Value 558000
Tax Lot 40
Cap Rate 2.4
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InteriorBasement Storage Space Unfinished
Flooring Hardwood
Basement (Y/N) true
Air Conditioning Y/N true
Total Baths 2
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ExteriorExterior Amenities Awning(s) Fire Pit Garden Lighting Storage
Lot Features Garden Gentle Sloping Landscaped
Water Source Public
Lot Size Area 0.37
Building Area Total 1742
Lot Size Acres 0.37
Road Frontage Type Town
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* Excluded FeaturesList ByRichard VizziniListing Agent
Corcoran Country LivingBroker
richvrealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $25,256
- Monthly Property Taxes
- $1,182
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 Woodstock, NY
Average List Price $2,195,000
Percent of Sale Price 45%
About Woodstock, NY 5,754 Population
-8% Since 2002
$ 71,855 Median Income
57.66 Median Age
14% 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 |
|---|
| 9/11/2026 | $4,000,000 | | Listed Price |