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Adirondack Lake Inn


Adirondacks, NY   Offered for sale at $3,490,000
 

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 Adirondack lodge, 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 close to popular winter and summer attractions. A strong marketing program and a recent substantial investment in the facilities have turned this romantic Adirondack resort lodge into a highly successful business. It's no wonder the inn is a 2018 TripAdvisor Hall of Fame Award winner!

All the guest rooms and bathrooms at the Adirondack Lake Inn have been completely refurbished and are truly luxurious. Guest rooms are furnished with superior king or queen beds and feature amenities such as fireplaces, private porches, views of the lake and spa-like bathrooms. Resort activities are available right on site. Guests have full use of the privately accessed pristine, 3-mile long lake.

The Adirondack Lake Inn restaurant is a winner of the prestigious awards, serving contemporary cuisine in three dining rooms and a full service pub. Adirondack Lake Inn earnes accolades for its renowned wine cellar, too. Corporate meetings, weddings and other events are a growing part of the business. There is plenty of room on the lush grounds for outdoor events.

The owner’s renovated 2 ½ story home features four master bedrooms, each with its own bathroom! The inn’s newest lodging unit is a totally renovated luxury guest cabin. There is also a bonus rental apartment above the home’s attached two-car garage.

Another building on the inn property includes a three-bedroom apartment for staff, a workshop, garage storage, 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 included owner’s home is icing on the cake. Priced at a CAP rate of 11.4%, this is an extraordinary offering.

Call Eliot Dalton for more information: 610-717-8083



Property Details
Financial Details
  • Offered for sale at $3,490,000
  • Average Daily Rate: $402
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