Historic Hotel with Dining
110 Main St Andes, NY 13731
110 Main St, Andes, NY, 13731
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Andes, NY
Property Size12,252 SF
Lot Size1.25 Acres
Price / SF$97.94
Days on Market15
Property Features for 110 Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 13
- Rooms
- Bathroom 10, Bedroom 7, Bathroom 11, Bedroom 2, Bathroom 4, Bathroom 12, Bedroom 3, Bedroom 5, Bathroom 13, Bathroom 9, Bedroom 10, Bathroom 2, Bathroom 7, Bathroom 3, Bathroom 8, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 9, Bathroom 5, Bathroom 6
- Security features
- Security System
- Interior features
- Master Downstairs
- Standard status
- Active
- APN
- 122000-259.010-0006-032.000
- Size
- 12,252 SF
- Lot size
- 1.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 15426
Utilities
- Heating system
- Baseboard, Electric (Heating), Oil
- Water source
- Public
Building Details
- Year built
- 1850
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Wood Siding
- Roof type
- Asphalt
- Additional Structures
- Guest House
Listing Agency
JEWETT AND JEWETT LLC
(802) 578-0731
8151 COUNTY HWY 26, HAMDEN, NY
Listed by
Steven Jewett
Added: Jul 3 Checked: Jul 17 at 11:06 am
MLS# 11866875
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Andes Hotel is offered as a combined hospitality business and real estate opportunity. The property includes a renovated 10-room motel, an expansive commercial kitchen, two dining rooms, and a historic tavern that functions as a central gathering space. The courtyard garden has been created as a defining outdoor feature with a stage, full-service outdoor bar, and capacity for up to 300 guests.
The hotel is located on two parcels in the center of Andes at 110 Main St. The property features a courtyard garden that replaced what was previously a parking area, supporting events and private celebrations.
In addition to the existing accommodations and dining spaces, the listing references plans for five additional guest rooms above the tavern and future recreational amenities.
The hotel is located on two parcels in the center of Andes at 110 Main St. The property features a courtyard garden that replaced what was previously a parking area, supporting events and private celebrations.
In addition to the existing accommodations and dining spaces, the listing references plans for five additional guest rooms above the tavern and future recreational amenities.
Key Highlights
- Andes Hotel established in 1850; property has operated as a 10‑room motel
- Two dining rooms plus a historic tavern that serves as a community gathering hub
- Expansive full‑scale commercial kitchen for food service operations
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $220.5k | $18.00 |
| − Vacancy | −$27.6k | −$2.25 |
| EGI | $193.0k | $15.75 |
| − OpEx | −$101.3k | −$8.27 |
| NOI | $91.7k | $7.48 |
12,252 SF · lease $18.00/SF/yr · vacancy 12.50% · expense 52.50%
Alternative Uses
Best Use
Specialty Retail
$2.72M
$2.38M – $3.17M
NOI $190,146 @ 7.0% cap · market cap 15.85%
Second Best
Hotel Hospitality
$1.31M
$1.15M – $1.53M
NOI $91,660 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$6.01M
$5.26M – $7.01M
NOI $420,783 @ 7.0% cap · market cap 35.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Andes Hotel
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Pinecone Manor — 295 Main St, Andes, NY 13731
- Delaware House Inn — 227 Delaware Ave, Andes, NY 13731
FAQs
What type of property is this?
Motel - Turnkey 10-room motel with two dining rooms, historic tavern, and an outdoor courtyard built for up to 300 guests.
Where is this motel located?
The property is located at 110 Main St Andes, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Andes Hotel established in 1850; property has operated as a 10‑room motel; Two dining rooms plus a historic tavern that serves as a community gathering hub; Expansive full‑scale commercial kitchen for food service operations