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    59 W Main St Broadalbin, NY 12025

    For Sale
    $1,650,000

    Renovated hotel, pub, and eatery with strong financials.

    Property size:
    18,092 SF
    Lot size:
    2.10 Acres

    Property Features for 59 W Main St

    General Information

    Standard status
    Active
    Size
    18,092 SF
    Lot size
    2.10 Acres

    Source: CHAD MAJEWSKI REAL ESTATE Agent CHAD J MAJEWSKI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Hotel, Pub, and Eatery

    The Historic Broadalbin Hotel Pub Eatery, established in 1854, offers old-world glamour. The 18,092 square foot property has been recently renovated from top to bottom. It is a well-established hotel with 12 rooms, plus a 2-bedroom owner's suite. The property features a large modern kitchen equipped to cater to small and large crowds, and a banquet hall that can hold over 100 people. The pub includes a lounge area with a capacity of 70 or more. The hotel also features seasonal outdoor porches and verandas. The vacant third floor is awaiting additional rooms or conversion into a larger owner's suite. The business has a loyal customer base, solid financials, and a strong occupancy rate, with bookings into 2026.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Historic Hotel Broadalbin ... Hotel Historic Hotel Broadalbin ... Historical Landmark

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Department Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Broadalbin
    County
    Fulton
    State
    New York
    Longitude
    -74.1994912
    Latitude
    43.0570381

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    FAQs

    What type of property is this?
    Hotel - Renovated hotel, pub, and eatery with strong financials.
    Where is this hotel located?
    The property is located at 59 W Main St Broadalbin, NY.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Fully operational and booking into 2026, ensuring immediate income.; - Recently renovated from top to bottom, minimizing immediate maintenance costs.; - Well-established business with a loyal customer base and solid financials since 1854.
    (518) 774-0437
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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
    59 W Main St Broadalbin, NY 12025
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