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20-Unit Resort with Restaurants
New
For Sale
$2,649,000

5239 NY-86, Wilmington, NY 12997

Wilmington, NY

Property SizeContact for details
Lot Size9.10 Acres
Days on Market2

Property Features for 5239 NY-86

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 9.10 Acres

Amenities

40,000-galln swimming pool
smaller pool
outdoor play set
open large field

Building Details

Year built 1972
Listing Agency: Engel & Volkers Lake Placid · Engel & Völkers
Listed By: Blythe Niles-Linster
Added: Oct 27 Last Checked: Oct 28 at 5:06AM
MLS# 208669

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

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The resort combines a 20-unit motel with two restaurant spaces, indoor and outdoor seating, and a separate residence with a fenced yard and basement apartment. Motel rooms include queen, king, and suite configurations with exterior drive-up access. Recreational features include a 40,000-gallon pool, a smaller pool, a play set, and an open field. A fly shop with guide service is also part of the property.

The 9.1-acre site has approximately 1,300 feet of frontage on the West Branch of the Ausable River and is one mile from Whiteface Mountain Ski Area. The address is 5239 NY-86 in Wilmington, New York.

Updates include remodeled lower-level restaurant space, mini-split heating and cooling in the upstairs dining room, new restaurant equipment and air exchange, and new roofs on two motel buildings, the restaurant, and the residence. The restaurants are served by a new Fuji septic system. Furniture, fixtures, and equipment are included in the sale.

Key Highlights

  • 20 motel units with queen, king, and suite configurations
  • 9.1 acres with approximately 1,300 feet of frontage on the West Branch of the Ausable River
  • Two restaurant spaces with indoor and outdoor seating

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Resorts

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 12997, NY

1,139
Population
818
Households
1.4
Avg Household Size
51
Median Age
31%
College-Educated
96%
High-School Grad
65.2 sq mi
ZIP Area
17
Density / Sq Mi
$80,568
Median Household Income
$53,189
Median Earnings
$1,095
Median Rent
$272,800
Median Home Value
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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?
Resort - Lodging, dining, outdoor recreation, and a separate residence are assembled on a riverfront property.
Where is this resort located?
The property is located at 5239 NY-86 Wilmington, NY.
What is the asking price?
The asking price for this property is $2,649,000.
What are key features of this property?
This property features: 20 motel units with queen, king, and suite configurations; 9.1 acres with approximately 1,300 feet of frontage on the West Branch of the Ausable River; Two restaurant spaces with indoor and outdoor seating
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