Commercial Real Estate in Plattsburgh available for sale
Plattsburgh Motels For Sale

Motels for Sale within 50 kilometers of Plattsburgh, NY, USA

More details for The High Peaks NY Portfolio – Specialty for Sale

The High Peaks NY Portfolio

  • Motel
  • Specialty for Sale
  • $21,609,343 CAD
  • 22,200 SF
  • 5 Specialty Properties
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More details for 6394 NY-86, Jay, NY - Hospitality for Sale

Adirondack Resort & Expansion Opportunity - 6394 NY-86

Jay, NY 12941

  • Motel
  • Hospitality for Sale
  • $5,402,336 CAD
  • 21,284 SF
  • Fitness Center
  • Pool
  • Restaurant
  • Smoke Detector

Jay Hospitality for Sale

NewVida Preserve represents a rare opportunity to acquire a repositioned, high-growth resort asset in the Adirondack High Peaks, anchored by a fully operational lodge and approximately 619.68 acres of contiguous land. Following a recent repositioning, the property has demonstrated exceptional operating momentum, including 440% year-over-year EBITDA growth in 2025, driven by both revenue expansion and improved cost controls. During the same period, total income increased by approximately 24% while operating expenses declined by 2%, reflecting meaningful operating leverage. The offering provides a compelling entry point at $4,250,000 for the lodge and core acreage, significantly below estimated replacement cost, and well below prior aggregate valuation levels for the full assemblage. This creates an opportunity for a new owner to build upon an already improving operational foundation while implementing additional efficiencies and growth strategies. The property benefits from a diversified revenue mix, with lodging complemented by food & beverage, wellness, and events—together accounting for over 55% of total income. As additional lodging units are introduced, these existing amenities provide a built-in platform for revenue expansion without proportional increases in overhead. A preliminary expansion plan contemplates additional cabins and experiential accommodations, with the current concept representing only a portion of the overall development potential across the landholding. The scale and layout of the property offer flexibility for phased growth aligned with market demand. An additional 12,000+ SF mountaintop residence on 60 acres is available separately for $4,750,000, offering optional assemblage potential for a buyer seeking to create a flagship residential or retreat component alongside the resort. This is a highly flexible opportunity for hospitality operators, investors, or lifestyle buyers to acquire a scaled asset with demonstrated momentum and significant long-term upside in one of the Northeast’s most supply-constrained resort markets.

Contact:

Muroff Hospitality Group

Property Subtype:

Hotel

Date on Market:

2025-04-07

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More details for 4671 NY-86, Wilmington, NY - Specialty for Sale

High Falls Gorge - 4671 NY-86

Wilmington, NY 12997

  • Motel
  • Specialty for Sale
  • $9,436,992 CAD
  • 4,252 SF

Wilmington Specialty for Sale

High Falls Gorge - Iconic Adirondack Nature Attraction & Turnkey Tourism Business. Now repositioned at $6,900,000, this long-established, fully operational, year-round attraction offers an unmatched investment opportunity in the heart of the Adirondacks. The property spans 22 acres with over 2,000 feet of Ausable River frontage, featuring dramatic waterfalls, steel walkways, and renovated bridges that create a safe, immersive visitor experience in all seasons. Significant 2024 capital improvements exceeding $1M include steel staircases, structural supports, decking, fencing, and an award-winning industrial paint restoration—ensuring durability and reduced long-term maintenance. A 4,200 sq ft lodge includes a gift shop, restrooms, and a fully equipped commercial restaurant with seating across indoor, lounge, and outdoor areas. The business operates with proven systems and multiple revenue streams including ticketed admission, retail, café services, and private events. Ideally situated adjacent to Whiteface Mountain Ski Resort and minutes to Lake Placid, the location benefits from the region's strong year-round tourism traffic. This turnkey operation blends natural beauty, infrastructure, and consistent visitation—offering stability with room for future growth. A Legacy Ready for Its Next Steward—High Falls Gorge has been cared for by the same family for generations. The offering represents not just a business opportunity, but the chance to steward one of the Adirondacks' most iconic natural landmarks. With its blend of natural wonder, turnkey operations, and recent investment, this property is positioned for immediate continuity and long-term growth under new ownership. Private Remarks: Financials available to qualified buyers. A comprehensive sell sheet is available upon request., Waterfront Footage: 2000.

Contact:

Engel & Völkers Lake Placid Real Estate

Property Subtype:

Lodge/Meeting Hall

Date on Market:

2024-11-26

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