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Adirondack Real Estate

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2125 Saranac Avenue, Lake Placid, NY 12946

$3,200,000
Property Type: Commercial Sale Square Footage: 82,302 Lot Size (sq. ft.): 272,250 Status: Closed
Current Price: $3,200,000 List Date: 3/15/2013 Last Modified: 9/02/2024

Description

Lake Placid waterfront Quality Inn Hotel located on busy Saranac Ave. Rt. 86, the main western entrance coming into Lake Placid. The hotel includes 92 deluxe guest rooms, 350 seat convention/meeting center with banquet kitchen, heated indoor pool/lounge area and separate breakfast area. Site includes 240' of waterfront on Lake Placid Lake, 2 tennis courts, 2 waterfront guest cottages and beautiful lake and mountain views. Over 80,000 sq. ft. of commercial space includes all furniture, fixtures and equipment. Great business/investment opportunity, within walking distance of the center of the village.

More Information MLS# 145358

Location, Tax, and Legal

Tax Annual Amount: 73430 Land Tax Annual Amount: 32427 APA: Hamlet Deed Date: 1993-10-04

General Property Information

Tax Assessed Value: 5825200 Lot Size Dimensions: 6.25 acres Enhanced Accessible: Yes Building Area Total: 82302 Year Built: 1975 Lot Size Acres: 6.25 Waterfront YN: 1 Water Body Name: Lake Placid

Status Change Information

Status Change Timestamp: 2017-09-05 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2017-09-05T19:44:23Z Major Change Type: Status Change Under Contract Date: 2017-03-10 Close Date: 2017-09-05 Close Price: 3200000

Appliances

Water Heater: 1

Basement

Partial: 1 Partially Finished: 1

Construction Materials

Block: 1 Frame: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Central Air: 1 Separate Meters: 1

Deed Details

Instrument: deed Page: 177 Volume: 583

Electric

200+ Amp Service: 1

Exterior Features

Tennis Court(s): 1

Financial Details

School Taxes: 40103 Village Taxes: 0

Foundation Details

Poured: 1

Frontage Type

Frontage Length: 546 ft.

Heating

Baseboard: 1 Electric: 1 Forced Air: 1 Hot Water: 1 Oil: 1 Propane: 1

Interior Features

Elevator: 1

Listing Terms

Cash: 1

Lot Features

Bluff: 1 Paved: 1 Sprinklers In Front: 1 Sprinklers In Rear: 1

Parking Features

Off Street: 1 Parking Lot: 1

Road Surface Type

Paved: 1

Roof

Composition: 1 Rolled/Hot Mop: 1

Security Features

Fire Alarm: 1 Fire Sprinkler System: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Lake: 1 Mountain(s): 1 Trees/Woods: 1 Water: 1

Income and Expenses

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

Tenant Pays

None: 1

Building Features

Kitchen: 1 Swimming Pool: 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

Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $3,200,000 Original List Price: 5500000 Sold Price: $3,200,000 Status: Closed Listing Contract Date: 2013-03-15 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2125 Street Name: Saranac Street Suffix: Avenue County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.033-1-2.000 Zoning: Commercial Directions: Located on Saranac Avenue in Lake Placid.

Property Features

Appliances: Water Heater Basement: Partial; Partially Finished Building Features: Kitchen; Swimming Pool Construction Materials: Block; Frame; Vinyl Siding; Wood Siding Cooling: Central Air; Separate Meters Electric: 200+ Amp Service Exterior Features: Tennis Court(s) Foundation Details: Poured Heating: Baseboard; Electric; Forced Air; Hot Water; Oil; Propane Included: Equipment; Fixtures; Furniture Interior Features: Elevator Listing Terms: Cash Lot Features: Bluff; Paved; Sprinklers In Front; Sprinklers In Rear Parking Features: Off Street; Parking Lot Road Surface Type: Paved Roof: Composition; Rolled/Hot Mop Security Features: Fire Alarm; Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Lake; Mountain(s); Trees/Woods; Water Showing Requirements: Appointment Only; Call Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.
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