5481 NYS Rte 86, Wilmington, NY 12997 (MLS# 162945)

Description

The Wilderness Inn is a thriving business known as a popular local restaurant and 6 cabin rental units just 2 miles away from Whiteface Mountain Ski Center. This property has been family owned and operated since 1970 and is considered a fisherman and skiers paradise. The restaurant has plenty of seating space indoors with a bar area, fireplace and cozy atmosphere with a spacious exterior deck. The cabins have nice interiors and fireplaces. This is a turn key sale and owners are willing to assist new owners to assure a smooth transition. Ideal opportunity for someone that wants to move here and have a solid business with long term history.

Location, Tax, and Legal

Tax Annual Amount: 5418.16 Land Tax Annual Amount: 3102.78 Deed Date: 1995-07-18

General Property Information

Tax Assessed Value: 329300 Enhanced Accessible: Yes Building Area Total: 1795 Year Built: 1945 Lot Size Acres: 3.9 Water Body Name: None

Status Change Information

Status Change Timestamp: 2019-07-17 Buyer Financing: Seller Financing Concessions Amount: 0 Major Change Timestamp: 2019-07-17T20:08:56Z Major Change Type: Status Change Under Contract Date: 2019-05-13 Close Date: 2019-07-17 Close Price: 390000

Appliances

Electric Water Heater: 1

Basement

Partial: 1 Unfinished: 1

Construction Materials

Frame: 1 Wood Siding: 1

Cooling

Wall Unit(s): 1

Deed Details

Instrument: Deed Page: 5 Volume: 1092

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Exterior Features

Lighting: 1

Financial Details

School Taxes: 2315.38

Foundation Details

Block: 1

Frontage Type

Frontage Length: 200

Heating

Baseboard: 1 Electric: 1 Forced Air: 1 Oil: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Level: 1 Many Trees: 1 Paved: 1

Parking Features

Off Street: 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 Water Connected: 1

View

Mountain(s): 1 Trees/Woods: 1

Tenant Pays

Electricity: 1 Heat: 1

Building Features

Kitchen: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1

Contract Information

Current Price: $390,000 Original List Price: 395000 Sold Price: $390,000 Status: Closed Listing Contract Date: 2018-06-11 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5481 Street Name: NYS Rte 86 County: Essex State: NY Postal Code: 12997 Subdivision Name: None MLS Area Major: Jay, Wilmington Township: Wilmington School District: Lake Placid Parcel Number: 26.1-1-10.000 Zoning: Commercial Directions: Drive past Whiteface Mountain Towards Wilmington approximately 2 miles, Wilderness Inn is on the left.

Property Features

Appliances: Electric Water Heater Basement: Partial; Unfinished Building Features: Kitchen Construction Materials: Frame; Wood Siding Cooling: Wall Unit(s) Documents Available: Deed Electric: 200+ Amp Service Exterior Features: Lighting Foundation Details: Block Heating: Baseboard; Electric; Forced Air; Oil Included: Equipment; Fixtures; Furniture Listing Terms: Cash; Conventional Lot Features: Level; Many Trees; Paved Parking Features: Off Street 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: Electricity; Heat Utilities: Cable Available; Internet Available; Water Connected View: Mountain(s); Trees/Woods

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