Adirondack Real Estate

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3382 Lake Shore Drive, Lake George, NY 12845

$1,300,000
Property Type: Commercial Sale Square Footage: 15,000 Lot Size (sq. ft.): 96,268 Status: Closed
Current Price: $1,300,000 List Date: 12/01/2020 Last Modified: 9/02/2024

Description

Cramer's Cottages is a beautiful resort business opportunity located just off busy Lake George with deeded beach lake frontage in the heart of the Adirondack park of Upstate NY. This seasonal cabin and cottage resort business sits on over 2 acres, conveniently on the main road just north of Lake George village. The property also has deeded lake rights to a beautiful beach for access to the Queen of American Lakes just a short walk from the property. The property consists of 10 seasonal cottages, 2 efficiencies, and 8 motel rooms. These combine to offer a variety of floor plans for every type of traveler: couples, families, single travelers, or large groups in the large rental home. There is also a nice 7-bedroom owner's home on premise, making this a great lifestyle business opportunity to operate a very profitable business for 5 months of the year, take the rest as vacation, travel or do whatever you'd like for the remaining 7 months of the year. Great opportunity, clean financials.

More Information MLS# 172327

Location, Tax, and Legal

Tax Annual Amount: 12000 Land Tax Annual Amount: 4000 APA: Other Deed Date: 2010-12-09

General Property Information

Tax Assessed Value: 1100000 Building Area Total: 15000 Year Built: 1996 Lot Size Acres: 2.21

Status Change Information

Status Change Timestamp: 2022-02-17 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2022-02-17T20:24:28Z Major Change Type: Status Change Under Contract Date: 2021-10-18 Close Date: 2022-02-17 Close Price: 1300000

Appliances

Electric Water Heater: 1

Basement

Crawl Space: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: none Page: 1 Volume: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 8000 Village Taxes: 0

Heating

Forced Air: 1 Natural Gas: 1 Propane: 1

Listing Terms

Cash: 1

Lot Features

Paved: 1 Private: 1

Parking Features

Private: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1

Roof

Wood: 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

Internet Available: 1

View

Lake: 1 Mountain(s): 1

Water Source

Well Drilled: 1

Tenant Pays

None: 1

Building Features

Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $1,300,000 Original List Price: 1349000 Sold Price: $1,300,000 Status: Closed Listing Contract Date: 2020-12-01 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 3382 Street Name: Lake Shore Street Suffix: Drive County: Warren State: NY Postal Code: 12845 Subdivision Name: None MLS Area Major: Lake George, Bolton Landing Township: Other School District: Lake George Parcel Number: 522289 238.08-1-86 Directions: Directions I87N to exit 22, left off exit on to Lake Shore Drive (Route 9) approximately two miles on the right.

Property Features

Appliances: Electric Water Heater Basement: Crawl Space Building Features: Swimming Pool Construction Materials: Frame; Wood Siding Cooling: Window Unit(s) Electric: 200+ Amp Service Heating: Forced Air; Natural Gas; Propane Included: Equipment; Fixtures; Furniture; Inventory Listing Terms: Cash Lot Features: Paved; Private Parking Features: Private Road Frontage Type: State Road Road Surface Type: Paved Roof: Wood Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: None Utilities: Internet Available View: Lake; Mountain(s) Water Source: Well Drilled Showing Requirements: 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.