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Broadalbin Hotel 59 W Main St 15 Room Hotel Broadalbin, NY 12025 $1,650,000 ($110,000/Room)
Investment Highlights
- Historic hospitality property operating since 1854 with extensive recent renovations throughout.
- Features 12 guest rooms, a two-bedroom owner's suite, and a vacant third floor for future expansion.
- Banquet facilities accommodate more than 100 guests, while the pub and lounge host over 70 patrons.
- Fully operational hotel, restaurant, and bar with bookings already secured through 2026.
- Equipped with a commercial kitchen, banquet hall, pub, and lounge to support hospitality and event operations.
- Offered as a turnkey investment with furniture, fixtures, and equipment included in the sale.
Executive Summary
Exciting opportunity to own the Historic Hotel Broadalbin + 1854 Pub Restaurant + Bar. This well-established property, in business since 1854, has been recently renovated from top to bottom & is fully open & booking thru 2026. The hotel features 12 guest rooms, a 2-bedroom owner's suite, & a vacant third floor offering significant expansion potential. The property is well-equipped for hospitality & events, featuring: large, modern kitchen capable of catering to various crowd sizes; banquet hall w 100+capacity; pub & lounge area that accommodates more than 70 guests; Beautiful seasonal outdoor porches & verandas. W loyal customer base, solid financials (provided upon request w signed confidentiality), & strong occupancy rate, this is a rare & rewarding investment. All FFE included-TURN KEY!
Property Facts
| Price | $1,650,000 | Building Size | 18,092 SF |
| Price Per Room | $110,000 | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1854 |
| Property Subtype | Hotel | Parking Ratio | 2.76/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.10 AC | ||
| Zoning | 07 | ||
| Price | $1,650,000 |
| Price Per Room | $110,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 18,092 SF |
| No. Rooms | 15 |
| No. Stories | 2 |
| Year Built | 1854 |
| Parking Ratio | 2.76/1,000 SF |
| Corridor | Interior |
| Zoning | 07 |
Amenities
- Restaurant
- Wheelchair Accessible
- On-Site Retail
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 15 | $78.00 | - |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 172201-137-019-0004-004-002-0000 | Improvements Assessment | $214,200 |
| Land Assessment | $32,800 | Total Assessment | $247,000 |
Property Taxes
Parcel Number
172201-137-019-0004-004-002-0000
Land Assessment
$32,800
Improvements Assessment
$214,200
Total Assessment
$247,000
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Contact the Sale Advisor
Broadalbin Hotel | 59 W Main St