102 Main St Jefferson, NY 12093
For Sale
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Welcome to The Mill Pond Inn & Tavern - an iconic, historic property rich in character and charm, in the heart of Jefferson, NY. Originally built in 1879 as a grain and saw mill, this landmark was meticulously and lovingly restored in 2018, preserving its rich history and details, while updating every system from the studs out. Set on the picturesque Mill Pond, the property offers a unique combination of hospitality, history, and opportunity. The spacious main dining room and event space accommodates up to 100 guests, with an additional 42 seats and additional bar on the deck overlooking the pond. A separate tavern area provides cozy seating for 31 and the seasonal Carriage House seats 75-100 and features a wood/gas-fired pizza oven and full bar; an ideal setting for weddings, live music, private events and pizza nights. The second floor is home to the Inn, featuring five guest suites with private baths, each thoughtfully designed to reflect the property’s rich heritage and character. A dedicated laundry and service room adds convenience for housekeeping. With a scenic walking path complete with a waterfall encircling the pond and water views from every dining area, The Mill Pond Inn & Tavern is a destination in Upstate New York. Offering parking with 100 spaces, plus additional staff parking, and is fully operational with an established and loyal following. This is a rare opportunity for new owners to step in and continue, or further expand the business. Jefferson is on the National Register of Historic Places, and the village draws visitors year-round, catering to skiers, hikers, baseball enthusiasts heading to nearby Cooperstown, or city dwellers in search of a quintessential upstate experience. There is endless potential for expansion into weddings, retreats, and destination events. Established business with strong repeat clientele, quality staff and limited competition. Additional adjacent 50 acre developable land parcel as well as "the Parsonage House" available for interested parties as a separate offering. A turnkey, historic landmark in an unbeatable setting -The Mill Pond Inn & Tavern is ready to write its next chapter with you.
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Mill Pond Inn Bed & Breakfast Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
