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5239 NYS Route 86, Wilmington, NY 12997

$2,299,000
Property Type: Commercial Sale Square Footage: 21,000 Lot Size (sq. ft.): 396,396 Status: Closed
Current Price: $2,299,000 List Date: 9/04/2020 Last Modified: 9/02/2024

Description

This incredible offering is situated on 9.1 acres with 1300 feet on the West Branch of the Ausable River and includes a 22 unit motel with queens, kings and family suites, 2 restaurants, fine dining and pub style, fully equipped fly shop & guide service available, spacious 14 room owner's home with a private fenced in yard. Very well established for over 37 years, family owned and operated, 1 mile from Whiteface Mtn Ski Area, indoor and outdoor dining experiences, Motel amenities include drive-up exterior entrances to the rooms for safe social distancing, a 40,000 gallon newly re-piped swimming pool, kiddie pool, children's play set with a sprawling grassy area for hours of fun! Resort upgrades include a new septic system, new generator, updated kitchen equipment and air exchange system. Being sold turn key, all furniture, fixtures and equipment included in sale.

More Information MLS# 170589

Location, Tax, and Legal

Tax Annual Amount: 18615.8 Land Tax Annual Amount: 10913.69 Deed Date: 1991-03-08

General Property Information

Tax Assessed Value: 1511400 Building Area Total: 21000 Year Built: 1972 Lot Size Acres: 9.1 Waterfront YN: 1 Water Body Name: Ausable West Branch

Status Change Information

Status Change Timestamp: 2022-02-02 Buyer Financing: Commercial Loan Concessions Amount: 0 Major Change Timestamp: 2022-02-02T14:02:41Z Major Change Type: Status Change Under Contract Date: 2021-07-23 Close Date: 2022-02-02 Close Price: 2299000

Appliances

Water Heater: 1

Basement

Crawl Space: 1 Full: 1 Walk-Out Access: 1

Construction Materials

2x6 Walls: 1 Asphalt: 1 Frame: 1 Shingle Siding: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 201 Volume: 1632

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 7702.11 Village Taxes: 0

Foundation Details

Poured: 1

Heating

Hot Water: 1 Propane: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Many Trees: 1

Parking Features

Off Street: 1 Parking Lot: 1 Private: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1 Fire Alarm: 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

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

Tenant Pays

None: 1

Building Features

Kitchen: 1 Swimming Pool: 1

Included

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

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Contract Information

Current Price: $2,299,000 Sold Price: $2,299,000 Status: Closed Listing Contract Date: 2020-09-04 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5239 Street Name: NYS 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: 26.3-1-4&5.000 Zoning: Commercial Directions: from Lake Placid, take NYS Route 86 to Wilmington, Hungry Trout Resort and Restaurant is on the left across from Fox Farm Road.

Property Features

Appliances: Water Heater Basement: Crawl Space; Full; Walk-Out Access Building Features: Kitchen; Swimming Pool Construction Materials: 2x6 Walls; Asphalt; Frame; Shingle Siding; Wood Siding Cooling: Window Unit(s) Documents Available: Deed Electric: 200+ Amp Service Exterior Features: Lighting Foundation Details: Poured Heating: Hot Water; Propane Included: Equipment; Fixtures; Furniture; Inventory Listing Terms: Cash; Conventional Lot Features: Many Trees Parking Features: Off Street; Parking Lot; Private Roof: Composition Security Features: Carbon Monoxide Detector(s); Fire Alarm Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Water Connected View: Mountain(s); River; Trees/Woods; Water 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.