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Adirondack Real Estate

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1152 Route 86, Lake Placid, NY 12942

$1,500,000
Property Type: Commercial Sale Square Footage: 2,400 Lot Size (sq. ft.): 78,408 Status: Closed
Current Price: $1,500,000 List Date: 7/26/2016 Last Modified: 9/02/2024

Description

The Famous Tale O' The Pup Restaurant and cabins, available now for the first time in 28 years! Fantastic opportunity to continue and improve upon this financially successful business comprising of a full service seasonal restaurant, rental cabins, bar and cottages. Excellent location between Lake Placid and Saranac Lake on the busiest route in the region with over 11,000 cars per day. Start the next chapter of your life with this exciting venture. Owner financing available, call for details.

More Information MLS# 157228

Location, Tax, and Legal

Tax Annual Amount: 6110 Land Tax Annual Amount: 4000 Deed Date: 1991-07-02

General Property Information

Tax Assessed Value: 379200 Building Area Total: 2400 Year Built: 1929 Lot Size Acres: 1.8 Water Body Name: None

Status Change Information

Status Change Timestamp: 2017-05-15 Buyer Financing: Seller Financing Concessions Amount: 0 Major Change Timestamp: 2017-05-15T20:09:20Z Major Change Type: Status Change Close Date: 2017-05-15 Close Price: 1500000

Appliances

Electric Water Heater: 1

Basement

Crawl Space: 1

Construction Materials

Frame: 1 Log: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: 1 Page: 11a Volume: 944

Electric

Other: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 2110 Village Taxes: 0

Frontage Type

Frontage Length: 510'

Heating

Forced Air: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Lot Features

Level: 1 Paved: 1

Parking Features

Off Street: 1 On Street: 1

Road Surface Type

Paved: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Water Connected: 1

View

Trees/Woods: 1

Income and Expenses

Gross Income: 0 Lawn Care/Snow Removal Expense: 0

Tenant Pays

None: 1

Building Features

Kitchen: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1

Unit One

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Two

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Unit Three

Total SqFt: 0 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $1,500,000 Original List Price: 1600000 Sold Price: $1,500,000 Status: Closed Listing Contract Date: 2016-07-26 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 1152 Street Name: Route 86 County: Essex State: NY Postal Code: 12942 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Saranac Lake Parcel Number: 41.7-1-13 Zoning: Commercial Directions: From Lake Placid Village Head West on Route 86. Property is located after Meadowbrook Campground.

Property Features

Appliances: Electric Water Heater Basement: Crawl Space Building Features: Kitchen Construction Materials: Frame; Log; Wood Siding Cooling: None Electric: Other Exterior Features: Lighting Heating: Forced Air; Oil Included: Equipment; Fixtures; Furniture Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Level; Paved Parking Features: Off Street; On Street Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s) Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Water Connected View: Trees/Woods Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of Howard Hanna Capital, Inc (3212)
IDX
Information deemed reliable but not guaranteed.
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