Sharon Motor Lodge on the market


SHARON — Irreconcilable differences is a term usually attributed to failed marriages. In this case it is applied to the dissolution of a business partnership. The Sharon Motor Lodge was put on the market this past week as a result of a falling out between Sam Patel, who is the majority partner in the ownership of the motel, and one of his two partners.

"Myself and one of my partners have been having some disagreements and we feel that it is in the best interest to break up the partnership and dissolve the business," Patel told The Lakeville Journal. "It is not about the business itself, there haven’t been any problems with that, it is more about personal conflicts that are unresolved."

When asked about the nature of the conflicts Patel said that the differences stemmed from "everything."

Patel, who currently resides in Massachusetts, was optimistic about the motor lodge’s future.

"I think the new owner will be happy, the property is located in a beautiful area." He added that, "The business may be better off in the hands of a local owner."

While the lodge has suffered some flooding problems in the past, which is believed to have been the result of a backed-up culvert, the property is not believed to be located in the flood plain; the mortgage from Salisbury Bank and Trust does not, for example, require flood insurance.

The property, which Patel’s group has owned since July 2004, is listed with Bain Real Estate agent David Almquist in Sharon.

The asking prices is $1,125,000, which, according to Almquist, is down from the $1,175,000 paid by Patel’s group. Almquist also stated that the property is zoned commercial, a feature that new ownership could take advantage of.

"The property could have other uses; it’d be nice to see a restaurant open in there, which is something that Sharon could use."

"It could also be used for affordable housing," Almquist said, "though that would take some construction and division since there are 22 one-room units. Combining some of them would probably be necessary. Senior housing could be another possibility."

The lodge also benefits from its location, which is central to the many private schools located throughout the Northwest Corner. It is also in close proximity to Lime Rock Park. Some hotel guests also stay there so they can be close to Sharon Hospital.

It also serves as lodging for the foliage watchers who travel to New England each fall; in addition it also caters to long-term guests, some of whom stay for weeks or months at a time.

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