5335 State Route 23, Windham

$1,125,000

0 Bed
2 Baths
5,300 Sqft
.14 Acre
0 Garage

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.

Essential Information
MLS® #20254555
Price$1,125,000
Bathrooms2.00
Square Footage5,300
Acres0.14
Year Built1970
TypeCommercial Sale
Sub-TypeBusiness
StatusActive
Community Information
Address5335 State Route 23
AreaWindham
CityWindham
CountyGreene
StateNY
Zip Code12496
Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Interior
CoolingDuctless
Appliances

Wine Refrigerator, Warming Drawer, Refrigerator, Range, Gas Range, Exhaust Fan, Dishwasher, Bar Fridge

Heating

Baseboard, Electric, Separate Meters

Exterior
ExteriorFrame, Wood Siding
Exterior FeaturesAwning(s), Private Entrance
RoofAsphalt, Shingle
ConstructionFrame, Wood Siding
FoundationBlock
School Information
DistrictWind-Ash-Jewett
Additional Information
ZoningRest
Listing Details
AgentLisa Jaeger
Listing Courtesy of Coldwell Banker Village GreenW
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 5335 State Route 23, Windham, NY

Photo of Listing #20252545

137 South Street, Windham

$1,199,000 - 2 Baths, 2,432 Sf

MLS® # 20252545

Ulster County Board of Realtors Logo

Ulster County Board of Realtors Logo The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Flemming Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker.

Copyright © 2025 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.