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ALBANY * Estate - Retreat * 64+ Acres 203 County Route 405

70 Room Hotel Westerlo, NY 12193 $1,300,000 ($18,571/Room)

Investment Highlights

  • 64+ Acres in Albany Country including 11 buildings ripe for a variety of residential or commercial uses
  • Ideal for a Hotel, Religious Center, Summer Camp, Camping, ATV Trails & Hunting
  • Gorgeous Grounds in the Foothills of the Catskill Mountains
  • 20 minutes to Albany Airport and the Capital of New York State
  • Only 2 1/2 Hours to New York City and 3 Hours to Boston
  • Welcoming community and ripe for redevelopment

Executive Summary

This outstanding 64+ Acre property is conveniently located in Westerlo, Albany County, New York. Albany is the Capital of New York State and is approximately ten miles southwest and a short 20 minute drive to downtown and to Albany International Airport. New York City is about 2 1/2 hours away and Boston about 3 hours from the site. This rare offering once operated as The Colonial Manor, a lovely resort hotel offering a host of amenities including nightly entertainment, three meals a day, swimming, shuffleboard, basketball, tennis, campgrounds, fishing, hunting, hiking trails and more. There are approximately ten buildings on the property, including 54 guest bedrooms, a commercial kitchen, event space, dining halls, Great Barn and more. in later years, the property was used as a religious retreat center. With that said, there are no limits as to how this outstanding property can be reimagined: summer camp, hotel, religious center, private school, single family estate, camping/ glamping, ATV trails, hunting grounds, residential development site and more! With its close proximity to Albany, New York City, Boston and the Adirondacks this gorgeous site presents a rare opportunity to make your dreams come true.

Property Facts

Price $1,300,000
Price Per Room $18,571
Sale Type Investment
Sale Conditions
Build to Suit
  • Deferred Maintenance
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 64.00 AC
Construction Status Converted
Building Size 30,000 SF
No. Rooms 70
No. Stories 2
Year Built 1962
Parking Ratio 6.67/1,000 SF
Corridor Interior

Amenities

  • Pool

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 70 $50.00 -

zoning

Zoning Code RDA (RDA, Rural Development Agricultural)
RDA (RDA, Rural Development Agricultural)
  • Listing ID: 21610415

  • Date on Market: 11/27/2020

  • Last Updated:

  • Address: 203 County Route 405, Westerlo, NY 12193

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