107 Adler Avenue
Sharon, NY, 13459 $ 140,000
Bedrooms-- Baths-- Sq 61,102 Monthly Estimate*
$ 873
Commercial Property for sale in Sharon, NY
for $140,000. This 61,102 square foot building was built in 1929 on a lot size of 4.38.
For Sale: The Historic Adler Hotel – Sharon Springs, NY Discover the charm and potential of the Adler Hotel, a stunning piece of Sharon Springs history waiting to be revitalized. Built in 1927, this grand structure once served as a luxurious retreat for travelers visiting the renowned mineral springs that made the town famous. History and Significance The Adler Hotel was one of the largest and most elegant accommodations in Sharon Springs during its heyday. It catered to visitors from all over the world, drawn by the area's healing waters and serene countryside. With its Art Deco-inspired architecture, spacious interiors, and commanding presence atop a hill overlooking the village, the Adler became a landmark of sophistication and leisure. As the spa culture evolved and tourism trends shifted, the Adler fell into decline, but its legacy as a symbol of early 20th-century opulence remains intact. The Property The hotel is situated on a sprawling lot that offers stunning views of the village and surrounding countryside. Its impressive facade and grand interior spaces evoke the glamour of a bygone era. While the building requires extensive updates and repairs, it retains many of its original architectural details, including: High ceilings and large windows that fill the space with natural light. Elegant staircases and spacious common areas perfect for restoration. Period-specific design elements that reflect its historic character. With over 61,000 square feet of space, the Adler provides endless possibilities for creative redevelopment, whether as a boutique hotel, event venue, apartments, or a combination of uses. Your Opportunity This is a rare chance to own a piece of history and play a role in the revitalization of Sharon Springs. Bring your vision and creativity to transform the Adler Hotel into a modern masterpiece that honors its storied past. Note: The property is sold as-is. Interested buyers should be prepared to invest in significant restoration and renovations. Unlock the potential of this historic gem and be part of its next chapter!
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FeaturesGeneralHeating Other SeeRemarks None
Cooling Other SeeRemarks
Possession CloseOfEscrow
Roof Asphalt
Zoning OS
School District Sharon Springs
Year Built 1929
Stories Count 5
Township Sharon Springs-Village
Property Subtype Commercial
County Schoharie
Property Type CommercialSale
Possible Use HotelMotel
Status Active
Directions Main street Sharon springs and right onto Adler rd.
City Sharon
High School District Sharon Springs
Zoning Description Commercial
Number Of Units Total 150
MLS Area Sharon Springs-Village-434601
Lot Size Units Acres
Lot Size Square Feet 190793.0
Year Built Details Existing
Tax Annual Amount 3782.0
Property Condition Resale
Lease Considered Y/N No
Standard Status Active
Middle/Junior School District Sharon Springs
Elementary School District Sharon Springs
Tax Assessed Value 65000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 1
Property Sub Type Additional Commercial
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InteriorFlooring Other SeeRemarks
Total Fireplaces 0
Total Stories 5
Heating Y/N No
Fireplace Y/N No
Main Level Bathrooms 0
Total Baths 0
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ExteriorParking Features Other SeeRemarks
Lot Features Rectangular RectangularLot
Total Parking 0.0
Inclusions Land and Building
Lot Size Area 4.38
Number of Buildings 1
Building Area Total 61102.0
Lot Dimensions 145X533
Lot Size Acres 4.38
Waterfront Y/N No
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $873
- Monthly Property Taxes
- $315
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
4122719 Elementary School
4122802 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/14/2025 | $140,000 | | Listed Price |