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    Commercial real estate

    866 Mountain Ave, Purling, NY 12470

    35,000 SF Built 1864
    Property ID
    US63-3831372
    Property summary
    AI-generated overview

    Nestled at the base of Blackhead Mountain in the quaint Hamlet of Purling, the Bavarian Manor Hotel is an iconic landmark steeped in European charm and rich history. Originally known as The White Sulphur Springs House in the mid to late 1800s, this enchanting inn gained fame for its refreshing, ther ... apeutic waters, making it a sought-after wellness retreat. Over the years, the property evolved into The Columbian before becoming the legendary Bavarian Manor Inn in 1931, a beloved destination with old-world charm. The Manor currently boasts 18 beautifully appointed vintage hotel rooms, along with a restaurant, bar area, and commercial kitchen. The expansive lobby invites guests into an atmosphere that blends history and comfort. The indoor and large outdoor veranda seating areas, are perfect for hosting events and gatherings, enhancing the guest experience with a touch of European hospitality. An additional third floor offers the exciting potential for more hotel rooms, pending town approval. There is also an attached house with separate entry that boasts wood floors, 5 bedrooms, and 2 baths; and a small solar farm on the property that supplies 50% of the hotel's electricity, reducing operational costs.The property includes a 16-unit waterfront apartment complex, currently fully leased on a month-to-month basis, providing a consistent monthly income. This versatile space could also serve as staff housing, a spa area, or additional accommodations for guests. Set on 116 acres, this unique property features a serene 3+ acre lake perfect for fishing, relaxation, or recreational activities. Outdoor enthusiasts can also enjoy miles of scenic trails that wind throughout the estate.More than just a property; the Bavarian Manor Hotel is a hidden gem in the Catskills that offers endless possibilities. From its rich history, combined with modern amenities, scenic landscapes, multiple operations, to being conveniently located near Windham & Hunter Ski Mtns and recreational areas; the hotel operates year-round, attracting visitors for every season making it an ideal retreat and a thriving business opportunity. Whether you seek to maintain its timeless charm or re-imagine it into a premier spa and wellness retreat or wedding venue and more, this iconic property is ready for its next chapter!

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1864
    Total area 35,000 SF
    UPID US63-3831372
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Bavarian Manor Hotel Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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