107 Adler Avenue
Sharon, NY, 13459 $ 140,000
Bedrooms-- Baths-- Sq 61,102 Monthly Estimate*
$ 862
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.
Historic Adler Hotel – Sharon Springs, NY | Redevelopment Opportunity A rare investment opportunity to restore one of upstate New York’s most storied resort properties — the Adler Hotel at 107 Adler Avenue. Built between 1927–1929, this five-story Spanish Colonial Revival landmark once anchored Sharon Springs celebrated mineral spa era. For 75 years the Adler welcomed travelers seeking health, leisure, and summer escape, operating until 2004 and leaving behind an irreplaceable architectural legacy. Spanning approximately 61,000+ square feet with 150 guest rooms on 4.38 acres, the structure retains grand proportions, historic character, and commanding presence overlooking the village. Located within the Sharon Springs Historic District, the property sits in a market seeing renewed interest in heritage tourism, boutique hospitality, and adaptive reuse redevelopment. Condition & Scope: This is a full-scale restoration project suited for experienced investors or development groups. The building has been vacant for years and requires structural stabilization, roof repair, complete mechanical replacement (electrical, plumbing, HVAC), and comprehensive interior rehabilitation to meet modern code. Significant capital investment will be required, but the scale and historic status present extraordinary upside potential. The Adler offers a once-in-a-generation canvas for visionary redevelopment — boutique hotel, luxury residences, mixed-use hospitality, wellness retreat, or destination event property. Few remaining structures capture the romance of America’s golden resort era with this level of scale and authenticity. Explore the hotel’s history: HTTPs://youtu.be/f5kbtuZ_SHM
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FeaturesGeneralHeating Other SeeRemarks None
Cooling Other SeeRemarks
Possession CloseOfEscrow
Roof Asphalt
Zoning OS
Construction Materials Block
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 then a right onto Adler
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
- $862
- Monthly Property Taxes
- $315
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
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5404472 Elementary School
5404473 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $140,000 | | Listed Price |