This is a rare opportunity to own an established Motel and $2,500,000

Lake Home For Sale

This is a rare opportunity to own an established Motel and Restaurant in the Center of Cooperstown, NY. The Tunnicliff Inn and Restaurant is located one half block from the National Baseball Hall of Fame in the heart of Cooperstown's Historic District and is within easy walking distance to art galleries, fine shops, the Fenimore House, the Farmers' Museum and Lake Otsego. Representative of Federal Townhouse style architecture the INN built in 1802 and refurbished in 1986 with additional updates done in the past 10 years, offers 17 gracious guest rooms each with a private bath, TV and Internet service. Original tin ceilings from 1802 adorn the lobby and upstairs dining area. The 86 seat restaurant and tap room in the lower level is a great place to gather with family and friends in a pub like setting. This is a turnkey hotel and restaurant. There is a full time manager who lives on site in a 2 bedroom apartment and would be willing to transition new ownership if desired. The hotel encompasses 2 buildings. The original brick building was constructed in 1802 and started out as a General Store. In 1916 Lester Tunnicliff purchased the building and the house next door (now the Annex) which today encompasses The Tunnicliff Inn and Restaurant ("the Pit"). These buildings are rich in history. This is an opportunity to develop and grow an already established hospitality property. Don't want to run a restaurant? Lease the restaurant out! The details and options for this property are extensive. One needs to see it to have a true appreciation! If your dream is to own and operate an historic hotel in a wonderful tourist town, this offering is for you! Prospective Buyers are asked to complete a confidentiality document and provide proof of funds before showing.