Courtesy: Howard Hanna
607-433-1020
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
Endless possibilities await with this fully equipped and currently operating Airbnb with a 100% occupancy rate. The property includes a private 3-bedroom owner's parlor which is ideal for a long-term rental or owner-occupied business setup, along with 6 rooms that are successfully rented throughout the year. The sale includes everything needed to continue operations immediately: furniture, linens, kitchenware, and select antiques. This property has many other possibilities like: multigenerational living, a catering business in the semi-commercial kitchen, a cafe, storefront, or rent out business suites! If you're looking for a well established investment that has proven to have success throughout it's 140 years, take a look at this beautiful property!
A rare opportunity to own a piece of history. This highly visible property was built new and owned by the same family for over 75 years. The former Barber shop and pool hall has been a staple in the local history. The possibilities are endless with this mixed-use building. The first floor offers commercial space. The second floor offers living space including kitchen, dining room, living room, 3 bedrooms and 1 bath with original wood work and original wood floors. The detached garage was once the original Blacksmith's shop. One of the oldest buildings in the Village. Nice yard with stone wall and gardens.
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Sharon Springs is located in New York. Sharon Springs, New York has a population of 594. Sharon Springs is less family-centric than the surrounding county with 16.55% of the households containing married families with children. The county average for households married with children is 24.66%.
The median household income in Sharon Springs, New York is $47,083. The median household income for the surrounding county is $64,220 compared to the national median of $69,021. The median age of people living in Sharon Springs is 36.6 years.
The average high temperature in July is 79.3 degrees, with an average low temperature in January of 11.7 degrees. The average rainfall is approximately 42.4 inches per year, with 60.1 inches of snow per year.
