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    866 Mountain Ave Purling, NY 12470

    Sponsored
    For Sale
    $2,695,000

    Historic Inn with Multiple Income Streams

    Property size:
    35,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    Nestled at the base of Blackhead Mountain in Purling, NY, this iconic landmark offers a unique investment opportunity. The Bavarian Manor Hotel, formerly known as The White Sulphur Springs House, boasts 18 vintage hotel rooms, a restaurant, bar, and commercial kitchen. An attached 5-bedroom, 2-bathroom house provides additional living space or staff quarters. A 16-unit waterfront apartment complex, currently fully leased month-to-month, generates consistent income. The property also includes a small solar farm, reducing operational costs by 50%, and a serene 3+ acre lake on 116 acres of land. The expansive lobby and outdoor veranda are perfect for events. A third floor offers potential for expansion (pending town approval). Conveniently located near Windham & Hunter Ski Mountains, this year-round operation attracts visitors throughout the seasons. This versatile property presents endless possibilities, from maintaining its historic charm to developing it into a premier spa, wellness retreat, or wedding venue. The property's multiple income streams and scenic location make it an exceptional investment.

    Property Features for 866 Mountain Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    35,000 SF
    Lot Size
    5,052,960 SF

    Building Details

    Year Built
    1864
    Property Profile Location Intelligence

    Current Use by Public Records

    The Bavarian Manor Hotel Restaurant

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hotel & Motel Electrical Service Cafe & Coffee Shop Bed & Breakfast Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Purling
    County
    Greene
    State
    New York
    Longitude
    -74.02391
    Latitude
    42.28511

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Inn with Multiple Income Streams
    Where is this commercial real estate located?
    The property is located at 866 Mountain Ave Purling, NY.
    What is the asking price?
    The asking price for this property is $2,695,000.
    (518) 625-3360
    Request Owner's contact information
    866 Mountain Ave Purling, NY 12470
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    Purling, NY 12470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    866 Mountain Ave Purling, NY 12470
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