148 Route 28 Inlet, NY 13360

Property Details for 148 Route 28

Year built

1930

Lot size

3.70 lot acres

Property size

20,000 SF

Property type

Commercial real estate

Description

This exceptional 20,000 square foot property, situated on a 3.7-acre lot at 148 Route 28 in Inlet, NY, presents a unique investment opportunity. Originally built in 1897 as the Hess Camp, this historic inn, later known as the Wood Hotel, has undergone extensive renovations and expansions. The current configuration includes 30 rental units, 27 of which operate year-round, providing consistent revenue streams. The property boasts a captivating history, with additions and renovations throughout its lifespan, culminating in the current owner's 2014 acquisition and subsequent improvements. A key feature is the transformation of the original casino building into attractive townhomes, adding to the property's diverse income potential. Further enhancing the property's appeal is a newly constructed heated, covered pavilion, ideal for weddings and other events. Guests and residents enjoy breathtaking panoramic sunsets and views of Fourth Lake from the front covered porch, dock, and the upscale restaurant. A cozy rathskeller bar provides a relaxed atmosphere, while the fine dining restaurant upstairs offers a more sophisticated experience. For a casual dining option, a dockside cafГ© with outdoor seating is available during the summer months. This turnkey operation offers a blend of history, modern amenities, and exceptional lakefront views, making it an attractive investment in the vibrant Inlet, NY market.

Location Insight

City

Inlet

County

Hamilton

State

New York

Longitude

-74.79423

Latitude

43.75254