New York Adirondack Inn for sale
New York Adirondack Inn, Boutique Hotel
The 18-guest room Adirondack Lake Inn is a premier Adirondack boutique hotel with an award-winning restaurant and wine cellar. Located just 1 ½ hours from Albany, New York in the southern Adirondack region, guests come to enjoy a luxurious stay at an authentic New York Adirondack inn for sale, to dine at the award-winning restaurant or to attend a meeting or special event. Lake activities and other recreation are available on site and the inn is near popular 4 season attractions including Nordic and downhill skiing. A recent substantial investment in the facilities and a strong marketing program have turned this romantic Adirondack resort lodge into a highly successful business. This is an outstanding hospitality business and opportunity.
The Adirondack Lake Inn’s guest rooms and baths have all been completely renovated to true luxury level. Guest rooms are furnished with top-of-the-line king or queen beds. Steam showers, spa tubs, double sinks, fireplaces, balconies and private porches are the norm. Most guest rooms feature views of the lake. There is a billiards room, a heated pool, a sauna and 18 miles of maintained trails for year-round guest use. Guests love swimming and paddling in the private, 3-mile long lake.
This New York Adirondack inn for sale has a restaurant that serves contemporary New-American cuisine in three dining rooms and in the inn’s full service pub. The regionally acclaimed restaurant attracts diners from the Lake George and Saratoga Springs areas as well as from the local vacation home community. Adirondack Lake Inn has long been known for its wine cellar and extensive wine collection. The inn’s retail wine shop is open to guests and the public. Prestigious awards include:
Corporate meetings, weddings and other events are a growing part of the business and there is ample room on the picturesque grounds for outdoor events.
The owner’s renovated 2700+ square foot home features four master bedrooms, each with its own bathroom. A classic Adirondack porch overlooks the pristine lake. The inn’s newest lodging unit is a totally renovated luxury guest cabin. The house and cabin are on a separate lot, included in the sale. There is also a bonus rental apartment above the home’s attached two-car garage.
An additional building at the New York Adirondack inn for sale includes a three-bedroom, two-bathroom apartment, a workshop, garage storage for maintenance equipment, and the inn’s Nordic center.
Adirondack Lake Inn is ideal for buyers seeking an established full service inn with a very strong business. The separate owner’s home and surrounding beauty of the Adirondacks are icing on the cake. Net income has doubled in three years. Priced at a CAP rate of 11.4%, this is an extraordinary offering. You really should learn more!
- Financially Viable
- More than $3 Million
- Mid Atlantic
- 11 - 20 Rooms
- Boutique Hotel
- Full Service Inn
- Select Registry
- Water View