1152 Route 86, North Elba, NY 12942 (MLS# 162312)


$1,500,000
1152 Route 86
North Elba, NY 12942
MLS# 162312
Status: Closed
22 baths  |  1 sqft


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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
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 1600000
Sold Price: $1,500,000
Offered Lease/Sqft: 1500000
Listing Contract Date: 2016-07-05
Current Price: $1,500,000
List Price/SqFt: 1600000
Sold Price/SqFt: 1500000
List Price/Acres: 888888.89
Sold Price/Acres: 833333.33
Property Detail
Year Built: 1930
Number Of Buildings: 20
Bathrooms Total: 22
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
Financial Details
Full Market Assessment: 379200
Building Detail
Railroad Siding Y/N: State Maint. Hwy
Office Total SQFT: 400
Income And Expenses
Gross Income: 1021046
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

IDX
Listing Courtesy of Howard Hanna Capital Inc
Listing Agent: Sean Rogge
518-307-8492 | seanrogge@howardhanna.com
Source MLS Verified

Information deemed reliable but not guaranteed.