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Adirondack Real Estate

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2267 Saranac Avenue, Lake Placid, NY 12946

$1,195,000
Property Type: Commercial Sale Square Footage: 13,000 Lot Size (sq. ft.): 69,696 Status: Closed
Current Price: $1,195,000 List Date: 7/05/2016 Last Modified: 9/02/2024

Description

25 Unit Motel/Lodge with owners quarters and potential for 3 additional units with another mother-in-law apartment. Largest commercial site in downtown Lake Placid. Owners quarters mostly furnished, motel is fully furnished. Completely turn-key. Potential to add 2 more stories on motel (Possible 75+ Units)

More Information MLS# 156997

Location, Tax, and Legal

Tax Annual Amount: 22197 Land Tax Annual Amount: 5832 APA: Hamlet Deed Date: 2006-04-06

General Property Information

Tax Assessed Value: 1316700 Lot Size Dimensions: 1.6 Building Area Total: 13000 Year Built: 1950 Lot Size Acres: 1.6 Water Body Name: None

Status Change Information

Status Change Timestamp: 2017-05-30 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2017-05-30T19:28:40Z Major Change Type: Status Change Under Contract Date: 2017-04-21 Close Date: 2017-05-30 Close Price: 1195000

Appliances

Electric Water Heater: 1 Oil Water Heater: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 45 Volume: 1511

Documents Available

Deed: 1 Lead Paint: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 8808 Village Taxes: 7557

Foundation Details

Concrete Perimeter: 1

Heating

Baseboard: 1 Electric: 1 Hot Water: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Corner Lot: 1 Many Trees: 1 Paved: 1

Parking Features

Off Street: 1 Private: 1

Road Surface Type

Paved: 1

Roof

Composition: 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

Income and Expenses

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

Tenant Pays

None: 1

Building Features

Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 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: $1,195,000 Original List Price: 1395000 Sold Price: $1,195,000 Status: Closed Listing Contract Date: 2016-07-05 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2267 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: 42.0DK-1-1.000 Zoning: Commercial Directions: Town House Lodge - 2267 Saranac Avenue

Property Features

Appliances: Electric Water Heater; Oil Water Heater Building Features: Swimming Pool Construction Materials: Frame; Wood Siding Cooling: Window Unit(s) Documents Available: Deed; Lead Paint Electric: 200+ Amp Service Exterior Features: Lighting Foundation Details: Concrete Perimeter Heating: Baseboard; Electric; Hot Water Included: Equipment; Fixtures; Furniture; Inventory Listing Terms: Cash; Conventional Lot Features: Corner Lot; Many Trees; Paved Parking Features: Off Street; Private Road Surface Type: Paved Roof: Composition Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Lake; Mountain(s) Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.
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