335 Riverside Dr Clayton, NY 13624

This exceptional investment opportunity presents the chance to acquire the Thousand Islands Inn, a historic hotel located in the heart of Clayton, New York's vibrant downtown. Situated directly across from a public park, this three-story building boasts unparalleled views of the renowned Thousand Islands region. The property encompasses 10,000 square feet and features 13 keys, offering significant potential for a substantial return on investment. While the year built is unavailable, the property requires a complete restoration. This presents a unique opportunity for an investor to revitalize a landmark property and capitalize on the area's thriving tourism industry. Importantly, the property is eligible for grants from both federal and state agencies, potentially offsetting renovation costs. The anticipated occupancy date is October 30, 2024, allowing ample time for renovations and preparations. This is a rare chance to own a piece of Clayton's rich history and create a thriving hospitality business in a prime location. The address is 335 Riverside Drive, Clayton, NY 13624, Jefferson County. The property consists of one building.