59 W Main St - Hospitality FOR SALE


Broadalbin, NY 12025
$1,650,000 USD
518-630-5360
59 W Main St, Broadalbin, NY for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/78
null | Request Cap Rate

59 W Main St
Broadalbin, NY 12025


HIGHLIGHTS

  • Historic hospitality property operating since 1854 with extensive recent renovations throughout.
  • Fully operational hotel, restaurant, and bar with bookings already secured through 2026.
  • Features 12 guest rooms, a two-bedroom owner's suite, and a vacant third floor for future expansion.
  • Equipped with a commercial kitchen, banquet hall, pub, and lounge to support hospitality and event operations.
  • Banquet facilities accommodate more than 100 guests, while the pub and lounge host over 70 patrons.
  • Offered as a turnkey investment with furniture, fixtures, and equipment included in the sale.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$91 USD /SF

# OF ROOMS

15

PRICE/ROOM

$110,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Broadalbin Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1854

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

07

APN/PARCEL ID

172201-137-019-0004-004-002-0000

ASK ABOUT THIS PROPERTY

Teresa GittoRealty One Group KeyMore Info
518-630-5360

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Teresa GittoRealty One Group KeyMore Info
518-630-5360

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