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Adirondack Real Estate

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5712 NYS Rt. 86, Wilmington, NY 12997

$425,000
Property Type: Commercial Sale Square Footage: 6,983 Lot Size (sq. ft.): 78,408 Status: Closed
Current Price: $425,000 List Date: 11/22/2021 Last Modified: 9/02/2024

Description

Long-standing business in the heart of Wilmington. It has been a great business for the current owners for the last 17 years. The motel sits on just under 2 acres and is approx. 2.5 miles from Whiteface Mountain. It has been well maintained. It consists of 13 guest rooms, a full commercial kitchen, dining room, gift shop, in-ground pool, a fire pit area, and plenty of parking. There is also an attached house that is currently used for storage. The rooms have fresh carpets and new memory foam mattresses. They are clean, comfortable and feature cable TV, WiFi, a fridge, microwave, and a coffee maker. This is a great opportunity to live, work and play in the Adirondacks!

More Information MLS# 175156

Location, Tax, and Legal

Tax Annual Amount: 5283.36 Land Tax Annual Amount: 3204.28 APA: Hamlet Deed Date: 2005-01-11

General Property Information

Tax Assessed Value: 328900 Enhanced Accessible: Yes Building Area Total: 6983 Year Built: 1962 Lot Size Acres: 1.8 Sign On Property YN: 1

Status Change Information

Status Change Timestamp: 2023-04-28 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2023-04-28T14:31:24Z Major Change Type: Status Change Under Contract Date: 2022-11-09 Close Date: 2023-04-28 Close Price: 425000

Appliances

Electric Water Heater: 1

Basement

Crawl Space: 1

Construction Materials

Frame: 1 Stone Veneer: 1 Wood Siding: 1

Cooling

Wall Unit(s): 1

Deed Details

Instrument: Deed Page: 286 Volume: 1477

Documents Available

Lead Paint: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2079.32 Village Taxes: 0

Foundation Details

Block: 1

Frontage Type

Frontage Length: 227

Heating

Tank Location: 1 Baseboard: 1 Oil: 1 Space Heater: 1

Listing Terms

Cash: 1 Conventional: 1

Lot Features

Cleared: 1 Level: 1 Paved: 1

Parking Features

Off Street: 1 Parking Lot: 1 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 Water Connected: 1

View

Commercial: 1

Tenant Pays

None: 1

Building Features

Kitchen: 1 Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1

Unit One

Total SqFt: 2390 Unit Name: Bldg 1 Year Built: 1962

Unit Two

Total SqFt: 4593 Unit Name: Bldg 2 Year Built: 1962

Showing Requirements

24 Hour Notice: 1 Call Listing Agent: 1

Contract Information

Current Price: $425,000 Original List Price: 595000 Sold Price: $425,000 Status: Closed Listing Contract Date: 2021-11-22 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 5712 Street Name: NYS Rt. 86 County: Essex State: NY Postal Code: 12997 Subdivision Name: None MLS Area Major: Jay, Wilmington Township: Wilmington School District: Lake Placid Parcel Number: 26.6-5-7.000 Zoning: Mixed Directions: From Lake Placid: Rte. 86 to the 4 corners in Wilmington. Make a left (still Rte. 86), property 3 building down from the corner on the right, before the post office. From Plattsburgh: Rte. 9N to Jay. Make a right onto Rte. 86. Follow into Wilmington. Property is just after the post office and before the 4 corners.

Property Features

Appliances: Electric Water Heater Basement: Crawl Space Building Features: Kitchen; Swimming Pool Construction Materials: Frame; Stone Veneer; Wood Siding Cooling: Wall Unit(s) Documents Available: Lead Paint Electric: 200+ Amp Service Foundation Details: Block Heating: Baseboard; Oil; Space Heater Included: Equipment; Fixtures; Furniture Listing Terms: Cash; Conventional Lot Features: Cleared; Level; Paved Parking Features: Off Street; Parking Lot; 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; Water Connected View: Commercial Showing Requirements: 24 Hour Notice; Call Listing Agent
Listing Courtesy of LaSelva Real Estate
IDX
Information deemed reliable but not guaranteed.
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