This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Rainbow Shores 186 S Rainbow Shores Rd

15 Room Hotel Pulaski, NY 13142 $6,462,270 CAD ($430,818 CAD/Room)

Investment Highlights

  • Rainbow Shores' five-star restaurant and cabin lodging presents 1920s charm and modern luxury on a 500-foot manicured lakefront in upstate New York.
  • Nestled within a fully immersive natural setting with a 100-vehicle parking capacity, 15 luxury cabins, and ample space for outdoor activities.
  • Experience 3.83 pristine acres of tranquil ambiance, an ideal backdrop for weddings, corporate functions, and other special occasions.
  • Capitalize on this opportunity to own a one-of-a-kind property with stunning views that pair with lifelong memories on the shores of Lake Ontario.

Executive Summary

Rainbow Shores offers a unique opportunity to own a piece of 1920s charm combined with modern luxury in Pulaski, New York. With its rich history as a five-star restaurant and cabin lodging, this former country club has been a beloved destination for decades. Situated on 3.83 pristine acres, Rainbow Shores boasts a 500-foot manicured lakefront along the stunning shores of Lake Ontario.

The property’s panoramic views and tranquil ambiance help to create unforgettable memories against the backdrop of glistening waters. This extraordinary property also features 15 beautifully appointed cabins, many of which have been updated, offering a relaxing retreat for guests. The cabins provide a seamless blend of vintage aesthetics and contemporary amenities that ensure a delightful stay.

Rainbow Shores has a parking capacity for 50 to 100 vehicles, ideal for large events like weddings, corporate functions, or other special occasions. The expansive grounds provide ample space for outdoor activities and allow guests to immerse themselves in serene natural surroundings. One of the most remarkable aspects of Rainbow Shores is its proximity to private state land, which guarantees guest privacy and the preservation of the area’s beauty. The assurance that no further development will occur adds to this exceptional property's exclusivity and value.

Whether you are an investor seeking a prestigious hospitality establishment or an entrepreneur with a vision for an unforgettable experience, Rainbow Shores restaurant and cabins presents an unparalleled opportunity. Take advantage of this rare gem that combines past nostalgia with the allure of today’s luxury. Create your legacy in this extraordinary lakeside retreat.

Property Facts

Price $6,462,270 CAD
Price Per Room $430,818 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.83 AC
Building Size 9,731 SF
No. Rooms 15
No. Stories 2
Year Built 1920
Parking Ratio 0.72/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Boutique/Lifestyle Hotel
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 15 $229.77 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
355089 037.17-01-05
Land Assessment
$177,465 CAD
Improvements Assessment
$413,868 CAD
Total Assessment
$591,334 CAD
  • Listing ID: 29286165

  • Date on Market: 2023-08-16

  • Last Updated:

  • Address: 186 S Rainbow Shores Rd, Pulaski, NY 13142

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}