Invest in a 300-Year Hot Spring Legacy – Sharon Springs Spa & Resort

Asking Price$35,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

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Invest in a 300-Year Hot Spring Legacy – Sharon Springs Spa & Resort


Asking Price$35,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Property Description
Sharon Springs Spa & Resort — 300 Years of Healing Tradition, Reimagined for the Future of Wellness Tourism

Positioned in the historic village of Sharon Springs, NY, this rare investment opportunity combines centuries-old natural hot springs with modern wellness potential. The Sharon Springs Spa & Resort project sits on a significant land parcel, with partially completed luxury resort infrastructure and access to the region's famed mineral springs that have attracted visitors for over 300 years. The project includes partially completed luxury resort infrastructure and presents a chance to complete and brand a flagship wellness retreat.

Investment Highlights:

Historic Wellness Destination — A site with over three centuries of reputation for healing and relaxation through natural hot spring waters, once a top Northeast wellness retreat.

Partially Developed Resort — Significant infrastructure already in place for a luxury spa & resort, saving time and capital in future development.

Proximity to Major Cities — Located within 3 hours of NYC, Boston, and Montreal, making it a convenient getaway for millions of affluent urban travelers.

Untapped Upside — Current ownership has completed a portion of construction; the project is now ready for a new investor to bring the full vision to life.

Strategic Timing — Nearby Hoshino Resorts is scheduled to open by 2028, which will significantly boost regional tourism and demand for high-end accommodations and spa experiences.

Natural Synergies — Ideal for concepts in medical tourism, Eastern/Western integrative wellness, spa/thermal therapy, and boutique hospitality.

Strong Macro Trends — The U.S. wellness tourism market is projected to grow to over $1 trillion by 2030, with traveler interest in authentic healing experiences surging post-COVID.

Regional Development Boost:

The iconic Adler Hotel, a symbol of Sharon Springs' historical charm, has recently begun exterior and partial interior renovations with state government support. This restoration marks a significant step towards revitalizing the area’s rich heritage and complements the vision for Sharon Springs Spa & Resort.

Additionally, Japan's largest spa group, Hoshino Resorts, has acquired a large parcel of land adjacent to the Sharon Springs Spa & Resort, aiming to open a new luxury spa by 2028. This development, alongside the renovation of the 150-room Adler Hotel, signals a bright future for the region, setting the stage for Sharon Springs to reclaim its status as a premier wellness destination.

Seeking Investment:

We are seeking investors with a capital commitment of up to $35 million to complete the vision for Sharon Springs Spa & Resort. This is an exceptional opportunity to be part of a landmark project in a rejuvenated wellness corridor, poised for explosive growth in the coming years.
Listing Info
ID:
2362468
Listing Views:
559

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Property Listed by: Shawn kim CBCG (C Land Business Consulting Group)

Listing ID: 2362468 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.