The Roseboro: a unique opportunity

Photos

Roseboro Exterior

Dining Room

Bar

Lobby

Kitchen

Bathrooms

Unrestored rooms

Unrestored banquet

The Shops

2nd Com Building

10+/- Com. Acres

Property Survey

THE ROSEBORO IS FOR SALE FOR $725K

SOME OF THE INFORMATION MAY BE OUTDATED

For information email dennis@roseboro.com

Thank you for your interest.

The Roseboro Hotel

A unique investment and development opportunity.

MIXED USE COMMERCIAL OR RESIDENTIAL ZONING. NO FACADE CODE RESTRICTIONS. Can be developed into hotel, senior housing, apartments, offices, etc. Currently turnkey as restaurant/bar/banquet with fully rented retail storefronts

This historic building is located in Sharon Springs

For viewing call Dennis Giacomo 518-282-4774

3 hrs from NYC
4 hours from Boston
25 minutes Cooperstown's Baseball Hall of Fame & Glimmerglass Opera, Baseball Dreams Park & New York State Museums
Approximately 1 hour to NY's new Catskill gambling region
1 hour West to Turning Stone Casino
40 minutes to downtown Albany, Tech Valley and the International Airport
Over 15 colleges & universities less than an hour away.
5 minutes to Sharon Airport in town for small private planes
Located in the valley between the Catskill and Adirondack Mountains
10 minutes to 2 major interstates: I-90 & I-88

2 major commercial buildings on approximately 3/4 acre Main St including 45,000 sq ft former hotel with fully operational turnkey restaurant & fully rented shops.
PLUS 6,300 sq ft masonry commercial building at back of lot.
PLUS a separately deeded 10+/- acres commercial lot directly across Main Street for hotel/restaurant parking or additional development.
20% Income Tax Rebate for Historic Restoration available, allows 20% return of your total renovation costs

PLEASE NOTE: GUEST ROOMS and 3500 sq ft banquet hall NEED TOTAL RENOVATION

and are currently not useable

The 95 ft of the 200 ft wraparound porch overlooking Main St & Washington St is a favorite outdoor dining place.

The dining room with frescoed walls & 12 ft ceilings &original fir floors. The matching "Roman" chandeliers were custom made. The four real bamboo paddle fans are designed by Fanimation.

Click for historic photos

The lobby has elegance and old world charm. The front desk was restored to its original 1896 natural cherry and walnut finish. The exquisite new multi-tiered "French gold" chandelier is customized with over 100 Austrian Swarovsky crystals. Fanimation designed the two, real palm leaf blade fans. Original plaster moldings and ceiling were restored.

The "Howland House" wing (historical name) along Main Street (Rte 10) has been extensively restored into 5 retail storefronts.

Included in the sale of the Roseboro Hotel, is a 3 story + full attic, 1932 masonry building situated on the back of the lot with 6300 sq. ft (2100 sq. ft per floor). T

Both buildings are zoned for commercial business on Main St in the historic district with no restrictive facade codes whatsoever from village, state or federal. THE HISTORIC TAX CREDIT IS STILL AVAILABLE FOR THIS ENTIRE PROPERTY. THIS COULD RETURN 20% OF YOUR RESTORATION COSTS.