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Commercial > Hospitality
Active
09/22/2025
List Price
$1,125,000$212/ft²

5335 State Route 23
Windham, NY 12496

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  • 5335 State Route 23, Windham, NY 12496 is a 2 bath, 5,300 ft² commercial hospitality property property built in 1970 on a 0.140 acre lot. This commercial hospitality property is currently for sale for $1,125,000, and it was last sold in 2021 for $726,500.

    MLS Description

    The listing agent's description. Original Listing

    Prime opportunity to own a thriving restaurant and bar in the heart of Windham, one of the Catskills' most desirable towns. Lilly's Steak and Cocktails sits on bustling Main Street with excellent visibility, easy street parking, and handicap accessibility. The welcoming bar and warm wood-toned dining room seat up to 98 guests, with a private dining room perfect for special occasions. Guests can also enjoy the scenic back deck overlooking Mad Creek and the Batavia Kill. The restaurant features a full commercial kitchen with updated appliances, spacious prep areas, large storage, dishwashing facilities, and renovated public restrooms, a/c mini splits and a modern POS system is included. This high-profile location boasts robust income, with profit and loss statements available for review to qualified buyers. Beyond the restaurant's strong receipts, the property also offers two upstairs apartments generating nearly 4k per month in rental income. To ensure a smooth transition, the seller is willing to remain on for training and support, offering the new owner the benefit of experience and continuity. Turnkey and ready for new ownership, this property presents a rare chance to acquire a profitable restaurant with additional income streams in a growing Catskills community. Perfect for a seasoned restaurateur, investor, or chef-owner ready to capitalize on Windham's year-round tourism and vibrant Main Street scene. Financials available with NDA. Serious inquiries only.

    Listing Agents

    The listing agent for 5335 State Route 23 is Lisa Jaeger.

    Current Ownership

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    Property History

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    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 12496.

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    Copyright © 2025 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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