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314 Park Street, Tupper Lake, NY 12986

$990,000
Property Type: Commercial Sale Square Footage: 16,532 Lot Size (sq. ft.): 60,113 Status: Closed
Current Price: $990,000 List Date: 8/24/2021 Last Modified: 9/02/2024

Description

Shaheen's Adirondack Inn has been a Tupper Lake icon for decades, providing comfortable lodging for generations of guests. It is family owned and operated, is meticulously cared for and includes 33 rooms, an in ground swimming pool, an owners living quarters and another bonus apartment in the basement that would be great for a longer term stay. There have been many upgrades and improvements to the Motel in recent years, including a new roof, gutters, siding, windows, boilers, and many more. See updates list in documents. The Motel is within walking distance to the Wild Center, a popular Tupper Lake attraction, the downtown shops and restaurants, the Donald Ross 18 hole Golf Course, the Adirondack Sky Center and Observatory, just to name a few. The Adirondack Railroad is currently expanding passenger train service North to Tupper Lake and where that leaves off, the new recreational rail trail will continue on to Lake Placid. The motel is located on one of the busiest travel corridors.

More Information MLS# 174458

Location, Tax, and Legal

Tax Annual Amount: 22567 Land Tax Annual Amount: 4577.57 Deed Date: 1995-12-28

General Property Information

Tax Assessed Value: 602600 Enhanced Accessible: Yes Building Area Total: 16532 Year Built: 1969 Lot Size Acres: 1.38

Status Change Information

Status Change Timestamp: 2022-08-08 Buyer Financing: Commercial Loan Concessions Amount: 0 Major Change Timestamp: 2022-08-08T14:33:18Z Major Change Type: Status Change Under Contract Date: 2021-09-23 Close Date: 2022-08-08 Close Price: 990000

Accessibility Features

Accessible Restroom: 1

Appliances

Water Heater: 1

Basement

Crawl Space: 1 Dirt Floor: 1 Full: 1 Unfinished: 1

Construction Materials

Block: 1 Brick: 1 Masonry: 1 Metal Siding: 1 Vinyl Siding: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 38 Volume: 646

Electric

150 Amp Service: 1

Financial Details

School Taxes: 8963.87 Village Taxes: 9025.79

Foundation Details

Block: 1

Heating

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

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1 Paved: 1

Parking Features

Parking Lot: 1

Road Surface Type

Paved: 1

Roof

Wood: 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1

Tenant Pays

None: 1

Building Features

Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $990,000 Original List Price: 990000 Sold Price: $990,000 Status: Closed Listing Contract Date: 2021-08-24 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 314 Street Name: Park Street Suffix: Street County: Franklin State: NY Postal Code: 12986 Subdivision Name: None MLS Area Major: Tupper Lake, Piercefield, Moody, Altamont, Cranberry Township: Tupper Lake School District: Tupper Lake Parcel Number: 2-081-03.00 Zoning: Commercial

Property Features

Accessibility Features: Accessible Restroom Appliances: Water Heater Basement: Crawl Space; Dirt Floor; Full; Unfinished Building Features: Swimming Pool Construction Materials: Block; Brick; Masonry; Metal Siding; Vinyl Siding; Wood Siding Cooling: Window Unit(s) Electric: 150 Amp Service Foundation Details: Block Heating: Forced Air; Hot Water; Oil; Propane Included: Equipment; Fixtures; Furniture Listing Terms: Cash; Conventional Lot Features: Level; Paved Parking Features: Parking Lot Road Surface Type: Paved Roof: Wood Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial Showing Requirements: Appointment Only; Call Listing Agent
Listing Courtesy of Engel & Volkers Lake Placid Real Estate
IDX
Broker Attribution: colleen.holmes@evrealestate.com

Information deemed reliable but not guaranteed.