5335 State Route 23, Windham, NY 12496 (MLS# 20254555)
$1,125,000
Windham, NY 12496
MLS# 20254555
2 baths | 5300 sqft

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Property Description
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.
Details
Documents
Contract Information
Availability Date: 2025-09-23
Listing Agreement: Exclusive Right To Sell
Owner Name: 958 West Beech LLC
Lease Considered YN: No
Current Price: $1,125,000
Original List Price: 11250
List Price: $1,125,000
Status: Active
Listing Contract Date: 2025-09-22
Property Sub Type: Business
Location, Tax, and Legal
911 Address: 5335 State Route 23 Windham NY 12496
Township: Windham
School District: Wind-Ash-Jewett
General Tax: 3023
School Tax: 3092
Tax Annual Amount: 6115
Assessors Full Market Value: 622000
Tax Assessed Value: 325500
Parcel Number: 37
Tax Lot: 1
Tax Block: 78.19
Tax Exemptions YN: No
Zoning: Rest
Directions: Rt 23 West to Main Street Windham
General Property Information
Business Name: Lilly's Steak Cocktails
Number Of Units Total: 2
Lot Size Acres: 0.14
Accessibility Features YN: Yes
Year Built Details: porch, deck added 2023
Flood Plain YN: Yes
Frontage Length: 59 feet
Sign On Property YN: No
Basement YN: Yes
Stories Total: 2
List Price/SqFt: 212.26
Bathrooms Total: 2
Living Area: 5300
Year Built: 1970
Remarks and Miscellaneous
Public Remarks: 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.
Status Change Information
Status Change Timestamp: 2025-09-23
Major Change Timestamp: 2025-09-23T15:07:18Z
Price Change Timestamp: 2025-09-23T14:08:05Z
Accessibility Features
Accessible Approach with Ramp: 1
Appliances
Bar Fridge: 1
Dishwasher: 1
Exhaust Fan: 1
Gas Range: 1
Range: 1
Refrigerator: 1
Warming Drawer: 1
Wine Refrigerator: 1
Basement
Interior Entry: 1
Storage Space: 1
Book Information
Liber/Book: 2023
Page: 2263
Section: 78.19
Construction Materials
Frame: 1
Wood Siding: 1
Cooling
Ductless: 1
Electric
200+ Amp Service: 1
220 Volts in Kitchen: 1
Exterior Features
Awning(s): 1
Private Entrance: 1
Flooring
Tile: 1
Varies: 1
Vinyl: 1
Foundation Details
Block: 1
Heating
Baseboard: 1
Electric: 1
Separate Meters: 1
Road Frontage Type
State Road: 1
Road Surface Type
Asphalt: 1
Roof
Asphalt: 1
Shingle: 1
Security Features
Closed Circuit Camera(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Documents Available
Survey: 1
Income and Expenses
Financials Available Y/N: Yes
Tenant Pays
Cable TV: 1
Electricity: 1
Current Use
Commercial: 1
Location
Downtown: 1
Rural: 1
Building Features
Cable TV: 1
Includes Patio: 1
Kitchen Facilities: 1
Living Space Available: 1
Public Restroom(s): 1
Storage: 1
Ceiling Height: 9
Business Type
Restaurant: 1
Showing Requirements
Appointment Only: 1
Listing Agent Must Accompany: 1
Restricted Hours: 1
Sale Includes
Building: 1
Equipment: 1
Fixture(s): 1
Furniture: 1
Showing Information
Showing Attended YN: Yes
Showing Instructions: Call Lisa
Location Tax and Legal
Street Number: 5335
Street Name: State Route 23
County: Greene
State: NY
Zip Code: 12496
Town (Taxable): Windham
Property Features
Accessibility Features: Accessible Approach with Ramp
Appliances: Bar Fridge; Dishwasher; Exhaust Fan; Gas Range; Range; Refrigerator; Warming Drawer; Wine Refrigerator
Basement: Interior Entry; Storage Space
Building Features: Cable TV; Includes Patio; Kitchen Facilities; Living Space Available; Public Restroom(s); Storage
Business Type: Restaurant
Construction Materials: Frame; Wood Siding
Cooling: Ductless
Current Use: Commercial
Documents Available: Survey
Electric: 200+ Amp Service; 220 Volts in Kitchen
Exterior Features: Awning(s); Private Entrance
Flooring: Tile; Varies; Vinyl
Foundation Details: Block
Heating: Baseboard; Electric; Separate Meters
Location: Downtown; Rural
Road Frontage Type: State Road
Road Surface Type: Asphalt
Roof: Asphalt; Shingle
Security Features: Closed Circuit Camera(s); Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: Cable TV; Electricity
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Appointment Only; Listing Agent Must Accompany; Restricted Hours
Sale Includes: Building; Equipment; Fixture(s); Furniture
Listing Courtesy of Coldwell Banker Village GreenW
Listing Agent: Lisa Jaeger
Ag