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Renovated 10-Room Hotel
For Sale
$1,200,000
Pending

110 Main St, Andes, NY 13731

Residential Income, Andes, NY

Property Size12,252 SF
Lot Size1.25 Acres
Days on Market106

Property Features for 110 Main St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Bathrooms 13
Full bathrooms 10
Half bathrooms 3
Rooms Bathroom 3, Bedroom 10, Bathroom 11, Bathroom 13, Bathroom 5, Bedroom 9, Bathroom 7, Bathroom 12, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 8, Bathroom 9, Bedroom 1, Bedroom 7, Bathroom 6, Bathroom 1, Bathroom 8, Bedroom 4, Bedroom 3, Bathroom 10, Bedroom 6, Bathroom 4
Security features Security System
Interior features Master Downstairs
High school district 000000
Directions Located in the center of Andes NY, on Main Street.
Standard status Pending
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 Electric (Heating), Baseboard, Oil
Water source Public

Amenities

courtyard garden
stage
full-service outdoor bar

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
Listed By: Steven Jewett · License #10491209530
Added: Jul 3 Changed: Oct 2 Last Checked: Oct 16 at 12:06PM
MLS# 11866875

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.

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Investment Insights

Based on property information with market context.

Located on two parcels in Andes, this 12,252-square-foot hotel property dates to 1850 and includes a renovated 10-room motel, two dining rooms, a historic tavern, and a full commercial kitchen. Guest rooms and dining areas were comprehensively updated in 2024, while hardwood flooring, wood siding, asphalt roofing, and public water service remain part of the property’s physical profile.

The grounds include a courtyard garden with a stage, outdoor bar, and capacity for up to 300 guests. The setting supports weddings, festivals, concerts, and private celebrations, complementing the lodging and food-service components. The property is offered as a combined hospitality business and real estate asset, with plans identified for five additional guest rooms above the tavern.

Key Highlights

  • 12,252‑square‑foot hotel property on 1.25 acres
  • Renovated 10‑room motel with updates completed in 2024
  • Two dining rooms, historic tavern, and full commercial kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,660
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,833,200 $1.8M
Cap Rate 7%
$1,309,429 $1.3M
Cap Rate 9%
$1,018,444 $1.0M
Market Conditions
NOI Build-Up for 12,252 SF
Gross rent
$220.5K $18.00/SF
− Vacancy
−$27.6K −$2.25/SF
EGI
$193.0K $15.75/SF
− OpEx
−$101.3K −$8.27/SF
NOI
$91.7K $7.48/SF
Area
Delaware County, NY
Vacancy
12.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,833,200
Cap Rate 7%
$1,309,429
Cap Rate 9%
$1,018,444

Alternative Uses

Best Use
Specialty Retail
$2.72M
$2.38M – $3.17M (±1% cap)
NOI $190,146 @ 7.0% cap · market cap 15.85%
Second Best
Hotel Hospitality
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,660 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$6.01M
$5.26M – $7.01M (±1% cap)
NOI $420,783 @ 7.0% cap · market cap 35.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Andes Hotel Restaurant

Suggested Use

Top Pick Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 13731, NY

949
Population
1,165
Households
0.8
Avg Household Size
60
Median Age
32%
College-Educated
96%
High-School Grad
89.8 sq mi
ZIP Area
11
Density / Sq Mi
$76,429
Median Household Income
$52,622
Median Earnings
$1,000
Median Rent
$270,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Hotel - Boutique hospitality property with guest accommodations, dining facilities, a tavern, commercial kitchen, and outdoor event space.
Where is this hotel 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: 12,252‑square‑foot hotel property on 1.25 acres; Renovated 10‑room motel with updates completed in 2024; Two dining rooms, historic tavern, and full commercial kitchen
More about this property
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