$1,500,000
North Elba, NY 12942
MLS# 162312
Status: Closed
22 baths | 1 sqft
1 / 18
Property Description
The Famous Tail O' The Pup Restaurant and cabins, available now for the first time in 28 years! Fantastic opportunity to continue and improve upon this financially successful business comprising of a full service seasonal restaurant, rental cabins, bar and cottages. Excellent location between Lake Placid and Saranac Lake on the busiest route in the region with over 11,000 cars per day. Start the next chapter of your life with this exciting venture. Owner financing available, call for details.
Details
Maps
Contract Information
Original List Price: 1600000
Offered Lease/Sqft: 1500000
List Price/SqFt: 1600000
Sold Price/SqFt: 1500000
List Price/Acres: 888888.89
Sold Price/Acres: 833333.33
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $1,500,000
Listing Contract Date: 2016-07-05
Current Price: $1,500,000
Property Detail
Number Of Buildings: 20
Business Name: Tail O' The Pup
Zoning: Commercial
Lot Size Dimensions: 510 x 220 x x
Lot Size Acres: 1.8
Building Area Total: 1
Main Road Frontage: 510
Enhanced Accessible Y/N: No
Year Built: 1930
Bathrooms Total: 22
Parcel, Tax, HOA
Tax Annual Amount: 6110
Tax Section: 41.7
Tax Block: 1
Tax Lot: 13
Association Y/N: No
Directions & Remarks
Directions: From Lake Placid Village Head West on Route 86. Property is located after Meadowbrook Campground.
Public Remarks: The Famous Tail O' The Pup Restaurant and cabins, available now for the first time in 28 years! Fantastic opportunity to continue and improve upon this financially successful business comprising of a full service seasonal restaurant, rental cabins, bar and cottages. Excellent location between Lake Placid and Saranac Lake on the busiest route in the region with over 11,000 cars per day. Start the next chapter of your life with this exciting venture. Owner financing available, call for details.
Sewer
Septic Tank: 1
Architectural Style
Apartments: 1
Financial Details
Full Market Assessment: 379200
Basement
Slab: 1
Building Detail
Railroad Siding Y/N: State Maint. Hwy
Office Total SQFT: 400
Warehouse Available SQFT: 0
Road Frontage Type
State Road: 1
Showing Requirements
Call Listing Agent: 1
No Sign: 1
Water Source
Public: 1
Foundation Details
Slab: 1
Heating
Baseboard: 1
Income And Expenses
Gross Income: 1021046
Miscellaneous
Living Space: 1
Office Space: 1
Outside Storage: 1
Parking Features
Gravel: 1
Private: 1
Location
Street Number: 1152
Street Name: Route 86
County: Essex
State/Province: NY
Postal Code: 12942
Geo Lat: 44.298626
Geo Lon: -74.076607
Status Change Info
Under Contract Date: 2019-02-28
Sold Date: 2017-05-15
Sold Price: $1,500,000
Property Features
Architectural Style: Apartments
Basement: Slab
Foundation Details: Slab
Heating: Baseboard
Miscellaneous: Living Space; Office Space; Outside Storage
Parking Features: Gravel; Private
Road Frontage Type: State Road
Sewer: Septic Tank
Showing Requirements: Call Listing Agent; No Sign
Water Source: Public
Listing Courtesy of Howard Hanna
Listing Agent: Sean Rogge
518-307-8492 | seanrogge@howardhanna.com
518-307-8492 | seanrogge@howardhanna.com
