107 Adler Ave - Hospitality FOR SALE


Sharon Springs, NY 13459
$125,000 USD
315-395-1849
107 Adler Ave, Sharon Springs, NY for Sale
$125,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

107 Adler Ave
Sharon Springs, NY 13459


HIGHLIGHTS

  • This historic hotel was once known for it's therapeutic spa.
  • Very well known hotel.
  • High traffic.

OVERVIEW

The Historic Adler Hotel was ones a destination place for the American high society with more than 10,000 visitors every summer. This once beautiful hotel needs a new owner to bring it back to life. This Hotel has five story and 150 rooms and comes with 4.38 acres, with and additional 8.10 acres being sold with the hotel. Sharon Springs has sulfur, magnesia, chalybeate and blue stone springs which made this area a popular spa destination. Some of the famous visitors to walk the halls of the Adler Hotel are the Vanderbilts, Rensselaers, and Oscar Wilde to name a few. This historic building will be great again with the right owner. Find the documentary of the Adler Hotel on YouTube - From Heyday to Present Day. Property is being sold as is

FOR SALE DETAILS

PRICE

$125,000 USD

PRICE/SF

$2 USD /SF

# OF ROOMS

150

PRICE/ROOM

$833 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Adler Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1929

PARKING SPACES

100

LAND DETAILS

LAND ACRES

12.48 AC

LAND SF

543,629 SF

ZONING

C

APN/PARCEL ID

434601-005-010-0001-002-000-0000,434601-005-010-0002-001-000-0000

ASK ABOUT THIS PROPERTY

MaryJo WarnerHoward Hanna Real Estate ServicesMore Info
315-395-1849

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MaryJo WarnerHoward Hanna Real Estate ServicesMore Info
315-395-1849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.