$1,025,000
Lake George, NY 12845
MLS# 201123746
Status: Closed
41946 sqft
1 / 1
Property Description
Incredible scenic views and priced below full market value on two separate parcels, this 100 unit hotel offers endless possibilities. Located on a total of 9.6 acres, this property has an on site 90 seat restaurant, in-ground pool, playground, in house laundry, and staff/owner's 3 BR, 2 BA home. Each unit with indiv. temp. control for year round use. Located on the Lake George Trolley Route.
Details
Maps
Contract Information
Original List Price: 2500000
Offered Lease/Sqft: 24.44
List Price/SqFt: 35.76
Sold Price/SqFt: 24.44
List Price/Acres: 156250
Sold Price/Acres: 106770.83
Status: Closed
Property Sub Type: Hotel-Motel
Sold Price: $1,025,000
Listing Contract Date: 2011-07-15
Current Price: $1,025,000
Location
City/Town (Mail): Lake George
Street Number: 2011
Street Name: ROUTE 9
County: Warren
State/Province: NY
Postal Code: 12845
Geo Lat: 43.401228
Geo Lon: -73.705329
Property Detail
Year Established: 1958
Stories: 2
Business Name: Travelodge
Lot Size Square Feet: 418176
Zoning: Commercial
Lot Size Acres: 9.6
Building Area Total: 41946
Building Available SQFT: 41946
Main Road Frontage: 1149
Year Built: 1958
Parcel, Tax, HOA
Parcel Number: 522200 264.04-1-20&21
FIPS Code: 36113
Tax Annual Amount: 40127
Tax Section: 264.04
Total Taxes Description: Actual
Tax Block: 1
Tax Lot: 20&21
Tax Section See Remarks: Yes
Association Y/N: No
Directions & Remarks
Directions: Exit 21 off the Northway towards Lake George. Take Right at the light heading south on Route 9. Hotel is on right, Head up driveway entrance.
Public Remarks: Incredible scenic views and priced below full market value on two separate parcels, this 100 unit hotel offers endless possibilities. Located on a total of 9.6 acres, this property has an on site 90 seat restaurant, in-ground pool, playground, in house laundry, and staff/owner's 3 BR, 2 BA home. Each unit with indiv. temp. control for year round use. Located on the Lake George Trolley Route.
Accessibility Features
See Remarks: 1
Documents Available
Documents Available (Legacy): demographics, topo, deed
Cooling
Air Conditioning (Legacy): yes
Building Detail
Building Ceiling Height: 8
Office Available SQFT: 300
Office Ceiling Height: 8
Retail Available SQFT: 0
Warehouse Available SQFT: 500
Construction Materials
Construction Materials (Legacy): frame
Possession
Possession (Legacy): At Closing
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): electric
Parking Features
Parking Total: 120
Possible Use
Hotel/Motel: 1
Status Change Info
Status Change Date: 2012-06-30
Under Contract Date: 2012-05-15
Sold Date: 2012-06-29
Sold Price: $1,025,000
Property Features
Accessibility Features: See Remarks
Possible Use: Hotel/Motel
Special Listing Conditions: Standard
Listing Courtesy of Select Sotheby's Int Realty
Listing Agent: Karen O'Carroll
518-580-8500 |
518-580-8500 |
