Historic Hotel Investment Opportunity in Upstate NY in Schuyler, New York

FOR SALE-Hotel Utica is a 112-room historic hotel building in Utica, NY. The hotel was restored with public funding and reopened in 2001. Nestled in the foothills of New York's Adirondack Mountains and just minutes away from the NY State Thruway (I-90). The Hotel Utica has six different on-site meeting rooms and banquet facilities that can accomodate up to 200 people for most functions, while the Crystal Ballroom can accommodate up to 250 people. These ballrooms and meeting spaces have been restored to reflect their original magnificence, complete with stunning chandeliers and elaborate balconies. This luxurious event space is frequently used for events like wedding receptions, rehearsal dinners, dinner parties, reunions and corporate training. Historic Hotel Utica is located in the heart of downtown. This Utica, NY hotel is close to the Adirondack Scenic Railroad, Children's Museum of History, Munson Williams Proctor Arts Institute, Saranac Brewery and the Utica Zoo. The city of Utica is situated in an eastern New York region referred to as the Mohawk Valley. The city has an extensive park system, offering an array of year-round sports facilities including the new home for the AHL's Utica Comets (see link section). The Erie Canal, the Mohawk River and the New York State Canal System pass through the northern part of Utica, NY. A number of entertainment venues, retailers and restaurants can be found in the surrounding area
Provided by Broker: Brett Hughes
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vFlyer ID: 236394001