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The Mill Pond Inn & Tavern 102 Main St 6 Room Hotel Jefferson, NY 12093 $1,300,000 ($216,667/Room)
INVESTMENT HIGHLIGHTS
- This is an established business with strong repeat clientele, quality staff and limited competition. Completely renovated in 2018.
EXECUTIVE SUMMARY
Welcome to The Mill Pond Inn & Tavern - an iconic, historic property steeped in character and charm, in the heart of Jefferson, NY. Originally built in 1879 as a grain and saw mill, this landmark was meticulously and lovingly restored in 2018, preserving its rich history and details, while updating every system from the studs out. Set on the picturesque Mill Pond, the property offers a unique combination of hospitality, history, and opportunity. The spacious main dining room and event space accommodates up to 100 guests, with an additional 42 seats and additional bar on the expansive deck overlooking the pond. A separate tavern area provides cozy seating for 31 and the seasonal Carriage House seats 75-100 and features a wood/gas-fired pizza oven and full bar, making it an ideal setting for weddings, live music, private events and pizza nights. The second floor is home to the Inn, featuring five guest suites with private baths, each thoughtfully designed to reflect the property's rich heritage and character. A dedicated laundry and service room adds convenience for housekeeping. With a scenic walking path complete with a waterfall encircling the pond and tranquil water views from every dining area, The Mill Pond Inn & Tavern is a true destination in Upstate New York. The property offers ample parking with 100 spaces, plus additional staff parking, and is fully operational with an established and loyal local following. This is a rare opportunity for new owners to easily step in and continue, or further expand this thriving business. Located in Jefferson, recently added to the National Register of Historic Places, this bucolic village draws visitors year-round. Whether catering to skiers, hikers, baseball enthusiasts heading to nearby Cooperstown, or city dwellers in search of a quintessential upstate experience, this property offers endless potential for expansion into weddings, retreats, and destination events. This is an established business with strong repeat clientele, quality staff and limited competition. A turnkey, historic landmark in an unbeatable setting -The Mill Pond Inn & Tavern is ready to write its next chapter with you.
PROPERTY FACTS
| Price | $1,300,000 | Lot Size | 17.83 AC |
| Price Per Room | $216,667 | Building Size | 4,900 SF |
| Sale Type | Investment | No. Rooms | 6 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1879/2018 |
| Building Class | B | Parking Ratio | 1.43/1,000 SF |
| Price | $1,300,000 |
| Price Per Room | $216,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 17.83 AC |
| Building Size | 4,900 SF |
| No. Rooms | 6 |
| No. Stories | 2 |
| Year Built/Renovated | 1879/2018 |
| Parking Ratio | 1.43/1,000 SF |
AMENITIES
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $500.00 | - |
| Guest Room | 5 | $215.00 | - |
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PROPERTY TAXES
| Parcel Number | 433600-168-000-0001-009-000-0000 | Improvements Assessment | $122,300 |
| Land Assessment | $39,368 | Total Assessment | $161,668 |
PROPERTY TAXES
Parcel Number
433600-168-000-0001-009-000-0000
Land Assessment
$39,368
Improvements Assessment
$122,300
Total Assessment
$161,668
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The Mill Pond Inn & Tavern | 102 Main St
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