518-378-0003
776 Us-9, Gansevoort, NY for Sale
Hospitality - FOR SALE
1/3
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776 Us-9
Gansevoort, NY 12831


OVERVIEW

776 US-9 presents an exceptional repositioning opportunity in Saratoga County for hospitality investors and developers. The property currently features a 12-unit hospitality facility on a substantial parcel along a well-traveled corridor, offering excellent regional connectivity and strong market fundamentals for hospitality and mixed-use development. The main structure requires a comprehensive renovation to achieve modern branding and design expectations. Additionally, three detached cottages located toward the rear of the site are slated for full replacement, creating long-term potential for value-add investors to design an entirely refreshed lodging experience or repurpose the site for a mix of short-term rentals, boutique accommodations, or alternative lodging concepts. Situated along US-9 with proximity to Saratoga Springs, Lake George, and the Capital Region, the location benefits from steady year-round traffic driven by regional tourism, events, and recreation. Outdoor attractions and seasonal destinations amplify upside for an operator capable of restoring and reprogramming this asset for today’s demand in a dynamic lodging market. This property offers scalable upside, ample acreage for creative site planning, and multiple strategies for enhancing revenue streams—all within a rapidly growing destination corridor.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

12

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Crest Inn Suites and Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

29

LAND DETAILS

LAND ACRES

4.64 AC

LAND SF

202,118 SF

ZONING

RB-1

APN/PARCEL ID

415600-127-000-0003-025-000-0000

ASK ABOUT THIS PROPERTY

Amjad MughalM J J RealtyMore Info
518-378-0003

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Amjad MughalM J J RealtyMore Info
518-378-0003

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