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5078 State Route 86, Wilmington, NY 12997

$925,000
Property Type: Commercial Sale Square Footage: 12,000 Lot Size (sq. ft.): 217,800 Status: Closed
Current Price: $925,000 List Date: 7/29/2012 Last Modified: 9/02/2024

Description

Immaculate, well maintained 19 unit motel on 5 acres directly across from Whiteface Mt. Breathtaking views of Whiteface Mt, comfortable 2-3 bedroom/2 1/2 half bath owner's apartment,large common area with fireplace, updated rooms,air conditioning, outdoor pool, ample storage, commercial laundry equipment on site, pond, yard, swing set. Turn key business. Unique feature - cell tower lease on property. Development opportunities. 8 miles to Lake Placid. Must see!

More Information MLS# 143747

Location, Tax, and Legal

Tax Annual Amount: 9243.42 Land Tax Annual Amount: 4926.81 Deed Date: 1993-01-11

General Property Information

Tax Assessed Value: 658000 Lot Size Dimensions: 500 x 436 Enhanced Accessible: Yes Building Area Total: 12000 Year Built: 1960 Lot Size Acres: 5 Water Body Name: None

Status Change Information

Status Change Timestamp: 2016-01-08 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2016-01-08T20:40:08Z Major Change Type: Status Change Under Contract Date: 2015-01-16 Close Date: 2016-01-08 Close Price: 925000

Appliances

Oil Water Heater: 1

Basement

Crawl Space: 1

Construction Materials

Frame: 1 Metal Siding: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 323 Volume: 1032

Documents Available

Lead Paint: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 4316.61 Village Taxes: 0

Foundation Details

Concrete Perimeter: 1

Frontage Type

Frontage Length: 500 feet

Heating

Hot Water: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Many Trees: 1 Paved: 1

Parking Features

Private: 1

Road Frontage Type

Public: 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

View

Mountain(s): 1

Water Source

Well Drilled: 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

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 Call Listing Agent: 1

Contract Information

Current Price: $925,000 Original List Price: 1195000 Sold Price: $925,000 Status: Closed Listing Contract Date: 2012-07-29 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5078 Street Name: State Route 86 County: Essex State: NY Postal Code: 12997 Subdivision Name: None MLS Area Major: Jay, Wilmington Township: Wilmington School District: Lake Placid Parcel Number: 26.3-1-81.200 Zoning: Mixed Directions: From Lake Placid take Route 86 to Whiteface Mountain Ski Center. Property is the first property on the right past Whiteface. Look for the Ledge Rock at Whiteface sign.

Property Features

Appliances: Oil Water Heater Basement: Crawl Space Building Features: Kitchen; Swimming Pool Construction Materials: Frame; Metal Siding; Wood Siding Cooling: Window Unit(s) Documents Available: Lead Paint Electric: 200+ Amp Service Exterior Features: Lighting Foundation Details: Concrete Perimeter Heating: Hot Water; Oil Included: Fixtures; Furniture; Inventory Listing Terms: Cash; Conventional Lot Features: Many Trees; Paved Parking Features: Private Road Frontage Type: Public 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 View: Mountain(s) Water Source: Well Drilled Showing Requirements: 24 Hour Notice; 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.