$325,000

For the first time in 75 years, this remarkable property presents a unique and advantageous opportunity for investors and forward-thinking entrepreneurs to capitalize on the growing energy in Upstate New York. Established in 1801, 4 Washington Park has been an integral part of the Village of Oxford and has a fascinating history. The property began as a popular tavern, was later transformed into hotel, then an apartment complex and now serving as an adult care facility. Spanning an impressive 10,000 square feet, the thoughtfully designed and expansive layout harmoniously blends its historical charm with the flexibility and adaptability required for various modern uses. With a total of 23 rooms, the current floor plan features a spacious dining area, a fully equipped commercial- grade kitchen, a welcoming foyer, four versatile common spaces, up to 15 generously sized bedrooms, and seven bathrooms. Additionally, the second floor offers an exceptional opportunity for conversion into either a comfortable owner’s suite or a dedicated property manager’s living quarters. Conveniently located within a 60-mile radius of Binghamton, Syracuse, Utica, and Oneonta, 4 Washington Park is surrounded by charming historic homes and a quaint Village park, creating a serene and picturesque ambiance from its expansive 80-foot covered porch. Currently operating as a fully regulated Level 3 Congregate Care facility, the property is equipped with updated and modern mechanical systems and comprehensive safety checks, ensuring a secure and comfortable environment for its residents. Beyond this established use, the property is well-suited for a wide range of alternative uses. Although some may require proper zoning approvals, potential uses include a charming Bed & Breakfast, a Boutique Inn, sophisticated Executive Housing, a versatile office building, apartment conversion, a thriving community center, or even a well respected boarding school. Regardless of your specific vision or aspirations, 4 Washington Park is ready for you to write it's next chapter.