Fantastic River Front Property!!

Successfully owned and operated for the last 29 yrs. as a family restaurant and marina. The buildings on the property are as follows:

1. 5000 sq ft wood frame building which is now the restaurant and managers apartment above. This could be a very elegant single family home or a big duplex. 
2. 1200 sq ft. water front pavilion currently a raw bar and beverage center 
3. Wood framed 2 car garage. 
4. Wood framed 200 sq ft tool shop. 
5. 10 x 16 ft. Insulated Metal Walkin Cooler 
6. 6 x 8 ft Insulated Metal Walkin Freezer 
7. 700 ft. of Floating Docks line the Hudson River Shoreline

All these building are located on the south east corner of the property and use approx.100 ft. of shoreline. The rest of the property is sub-dividable! You can get 5 riverfront parcels and 5 riverview parcels. A copy of the survey map is available upon request. Many more pictures of the property are here and at http://www.skynetcorp.us/featuredhome_ads/featuredhome_03012005.html or http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=14125863&PgCxtGuid=465e33fb-486d-4b31-82ad-4b03faddffa6&PgCxtFLKey=&PgCxtCurFLKey=ManagementCenter&PgCxtDir=Down

Water front property value is increasing 20% yearly! I won't take someone long to make allot of money here!  Priced below appraised value. There's an old saying in business " 3 things to look for are Location, Location, Location"!! Here's what this property has to offer:

1. Location - Only accessible deep water on the west shore of the Hudson River (non - industrial ) to handle any size boat from Newburg north to Albany. That includes Tug Boats, Barges, Day Ships, and Casino Liners. 
2. Location - The property is on a secondary channel protected from the main shipping channel by a two mile island named "Athens Middle Ground Flats" . This makes it a perfect playground for all kinds of water activity in the summer, and cool ice sports in the winter like ice boating, skating, and snowmobiling. 
3. Location - The property is located 25 miles from two major metropolitan centers. Albany to the north and Kingston to the south. 8 Miles from the Hudson Train Station by road or 2 Miles by Boat! This is a perfect commute from either, or as a destination for a day trip. Also since the 9/11 attacks the tourism and second home buying by New York City residence has increased the demand of properties and therefore the price. Currently half our seasonal dockage are New York City residents with vacation homes here in Greene County.

• Here are a few idea's of what can be done with the property, but the possibilities are literally endless all it takes is a dollar and a dream!
• 1. Stay as a restaurant,sell off the lots and own the restaurant debt free.
• 2. Build out the marina, there's enough frontage to install 250 slips. Projections and installation plan available. 
• 3. Build a resort, there's enough land to build a hotel, spa, miniature golf course.
• 4. Health Club retreat. 
• 5. Townhouses, I have 500 ft of riverfrontage not including the frontage in front of the restaurant.
• 6. Boat Sales and distribution center. Athens was once a boating mecca. A touring boat manufacturer has been rekindled in Athens ELCO.
• 7. Private Residence, and what a residence it could be, 5000 sq ft living area, a commerical kitchen, a dining room over looking the Hudson River, Master Bedroom with its own fireplace and a deck out to within fifty feet of the river. At the end of a dead end road no traffic only perfect privacy.

OWNER  WILL FINANCE 50% OF THE FINAL PURCHASE PRICE AS A FIRST MORTGAGE. TERMS 7% OVER 20 YRS WITH A BALLOON IN 5.