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Ship Lantern Inn 1725 US-9W Hwy 16 Room Bed and Breakfast Milton, NY 12547 $4,819,582 CAD ($301,224 CAD/Room)



Investment Highlights
- Iconic 100 year old restaurant, right on route 9w, 8,6 acres, 5 separate rental homes, vegetable and herb gardens.
Executive Summary
For over a century, The Ship Lantern Inn has been one of the Hudson Valley’s most recognizable fine-dining destinations, offering a rare opportunity to acquire an iconic property with an extraordinary history. Situated on approximately 8.6 acres across two tax parcels along highly traveled Route 9W, the offering includes the established restaurant property, extensive parking, five residential homes, and six income-producing rentals. The restaurant features multiple distinctive dining spaces, a substantial commercial kitchen, outdoor entertaining areas, and established vegetable and herb gardens that complement the region’s celebrated farm-to-table culture. Municipal water, natural gas, prominent visibility and approximately 19,000 vehicles passing daily provide valuable infrastructure and exposure for continued hospitality use or future redevelopment. Conveniently located approximately 15 minutes from Metro-North service in both Beacon and Poughkeepsie, the property is positioned within a growing Hudson Valley destination market surrounded by wineries, orchards, historic attractions and acclaimed hospitality experiences. Offered at $3,475,000, this is a once-in-a-generation opportunity to continue the legacy of a Hudson Valley institution or thoughtfully create its next chapter. SEE BROCHURE FOR MORE INFORMATION.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,819,582 CAD | Lot Size | 8.60 AC |
| Price Per Room | $301,224 CAD | Building Size | 5,000 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Bed and Breakfast | Year Built | 1925 |
| Building Class | C | Cross Streets | Old Indian Rd. |
| Zoning | RAG1 - GRANDFATHERED COMMERCIAL, AND IN HIGHWAY DEV ZONE | ||
| Price | $4,819,582 CAD |
| Price Per Room | $301,224 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | C |
| Lot Size | 8.60 AC |
| Building Size | 5,000 SF |
| No. Rooms | 16 |
| No. Stories | 2 |
| Year Built | 1925 |
| Cross Streets | Old Indian Rd. |
| Zoning | RAG1 - GRANDFATHERED COMMERCIAL, AND IN HIGHWAY DEV ZONE |
Amenities
- Restaurant
- Wheelchair Accessible
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Videos
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Photos
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Ship Lantern Inn | 1725 US-9W Hwy
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