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Adirondack Real Estate

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6054 Sentinel Road, Lake Placid, NY 12946

$965,000
Property Type: Commercial Sale Square Footage: 4,274 Lot Size (sq. ft.): 117,612 Status: Closed
Current Price: $965,000 List Date: 11/11/2019 Last Modified: 9/02/2024

Description

Prague Motor Inn with 2.70 acres on a highly visible main road entering Lake Placid. Adjoins Power Pond Park with access to the Chubb River. 5 separate and adjoining building lots. Currently 13 bedroom suites in 5 buildings, many complete with kitchens. In addition to the main Prague building, a separate parcel has a 1360 sf home, third house for storage or repurpose on another separate lot and a vacant lot that all overlook the Chubb River. This level 2.7 acres is ideal for another hotel, store or restaurant. Priced below assessed value.

More Information MLS# 167374

Location, Tax, and Legal

Tax Annual Amount: 19184 Land Tax Annual Amount: 5260 Deed Date: 1998-07-01

General Property Information

Tax Assessed Value: 1152700 Building Area Total: 4274 Year Built: 1990 Lot Size Acres: 2.7 Water Body Name: Power Pond

Status Change Information

Status Change Timestamp: 2021-02-19 Buyer Financing: Cash Concessions Amount: 0 Major Change Timestamp: 2021-02-19T14:06:39Z Major Change Type: Status Change Under Contract Date: 2020-10-06 Close Date: 2021-02-19 Close Price: 965000

Appliances

Electric Water Heater: 1

Basement

Unfinished: 1

Construction Materials

2x6 Walls: 1 Wood Siding: 1

Cooling

None: 1

Deed Details

Instrument: deed Page: 28 Volume: 1179

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 7394 Village Taxes: 6530

Heating

Baseboard: 1 Electric: 1

Listing Terms

Cash: 1 Conventional: 1

Parking Features

Parking Lot: 1

Road Frontage Type

Public: 1

Roof

Composition: 1

Special Listing Conditions

Standard: 1

Utilities

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

View

Commercial: 1 River: 1

Tenant Pays

None: 1

Building Features

Kitchen: 1

Included

Furniture: 1

Showing Requirements

Call Listing Agent: 1

Contract Information

Current Price: $965,000 Original List Price: 900000 Sold Price: $965,000 Status: Closed Listing Contract Date: 2019-11-11 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 6054 Street Name: Sentinel Street Suffix: Road County: Essex State: NY Postal Code: 12946 Subdivision Name: None MLS Area Major: Lake Placid Township: N Elba School District: Lake Placid Parcel Number: 42.239-4-14.000 Zoning: Mixed Directions: Sentinel Road look for Prague Sign

Property Features

Appliances: Electric Water Heater Basement: Unfinished Building Features: Kitchen Construction Materials: 2x6 Walls; Wood Siding Cooling: None Electric: 200+ Amp Service Heating: Baseboard; Electric Included: Furniture Listing Terms: Cash; Conventional Parking Features: Parking Lot Road Frontage Type: Public Roof: Composition Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Sewer Connected; Water Connected View: Commercial; River Showing Requirements: Call Listing Agent
Listing Courtesy of Merrill L. Thomas, Inc.
IDX
Information deemed reliable but not guaranteed.
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