Description from Fannie Mae HomePath
3 Martin Lane, Mongaup Valley, NY 12762. built 1980. 40.66 acre lot. With favorable C-17B zoning in the highly desirable Town of Bethel, this exceptional 40+ acre property presents a rare investment and development opportunity. The mostly level landscape offers a desirable mix of open fields and wooded acreage, providing flexibility for a wide range of commercial, residential, or mixed-use ventures. The property currently includes five residential units, an additional seasonal cottage, and several large outbuildings. Formerly operated as an auto repair and salvage business, the property retains transferable permits for the salvage yard, creating immediate value for buyers seeking a similar use or future redevelopment potential. Ideally positioned on a prominent corner with extensive frontage along Airport Road, Martin Lane and NYS Route 17B, the primary gateway to Bethel and Western Sullivan County, the property benefits from outstanding visibility and a high daily traffic count. This thriving corridor continues to experience steady commercial growth, fueled by the region's booming tourism industry and expanding year-round second-home community. Surrounded by some of the Catskills' most sought-after destinations, the location is just minutes from Bethel Woods Center for the Arts, Resorts World Catskills Casino, The Kartrite Resort and Indoor Waterpark, Monticello Motor Club, scenic lakes, state parks, breweries, and the Delaware River. Outdoor recreation including boating, fishing, hiking, golfing, and skiing is all nearby, making this an ideal location for a wide variety of business, hospitality, residential, or recreational opportunities. Whether you're looking to expand an existing operation, develop a destination business, or capitalize on one of Sullivan County's fastest-growing commercial corridors, this unique offering delivers exceptional location, flexibility, and long-term potential.
