2910 Lk Moraine Rd, Hamilton, NY 13346-3112
The Grove at Lake Moraine, located at 2910 Lake Moraine Rd, Hamilton, NY 13346, presents a unique investment opportunity. This mixed-use property encompasses approximately 9.3 acres with 475 feet of Lake Moraine frontage, offering stunning lake views and recreational opportunities. The property features 26 buildings, including charming cabins housing 51 guest rooms, each equipped with private baths, two double beds, cable TV, WiFi, and climate control. A full-service restaurant within the main lodge provides dining options with both indoor and outdoor seating. Recreational amenities include a game room (Tepee Room) with a bowling alley, and a spacious conference center suitable for corporate events or private functions. A cozy fireplace room with a bar offers a relaxing atmosphere. Ample parking is available with over 20 carports. The property boasts a permitted zoning of COM 1 and was built in 1967. The total square footage is between 30,000 and 35,000 square feet. The asking price is $2,825,000. This established lakeside retreat presents a compelling opportunity for a variety of uses, capitalizing on its prime location and existing infrastructure. The property includes 25 keys.
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White Eagle Banquet & Conference Center Conference Center Trade Show Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.