2191 State Route 9, Lake George, NY 12845 (MLS# 112083)

Original List Price: 650000

Offered Lease/Sqft: 75.46

List Price/SqFt: 85.3

Sold Price/SqFt: 75.46

Status: Closed

Property Sub Type: Mixed Use

Sold Price: $575,000

Listing Contract Date: 2011-01-12

Current Price: $575,000

City/Town (Mail): Lake George

Street Number: 2191

Street Name: State Route 9

County: Warren

State/Province: NY

Postal Code: 12845

Geo Lat: 43.426112

Geo Lon: -73.7128

Stories: 2

Business Name: Holly Tree Inn

Zoning: Commercial

Lot Size Dimensions: 150 x x x

Lot Size Acres: 0

Building Area Total: 7620

Main Road Frontage: 150

Enhanced Accessible Y/N: No

Year Built: 1975

Tax Annual Amount: 14259

Tax Section: 264.1

Tax Block: 1

Tax Lot: 49

Association Y/N: No

Directions: From Exit 21 turn right on 9N to left on State Route 9 toward LG Village. Motel on left across from LG Forum/civic center.

Public Remarks: Well established 27 unit motel w/ 23 motel units, 4 cottages and a 3 bdrm residence. Large 55' pool, and ample parking . Three yrs of solid tax returns between $173,000 to $204,000 available for review with offer.

Public Sewer: 1

Full Market Assessment: 639400

Central Air: 1

Window Unit(s): 1

Heated: 1

Railroad Siding Y/N: State Maint. Hwy

Office Total SQFT: 200

State Road: 1

Call Listing Agent: 1

No Sign: 1

Public: 1

Block: 1

Baseboard: 1

Forced Air: 1

Gross Income: 204000.

Insurance Expense: 6163

Expense/Year: 128595

Parking Total: 28

Under Contract Date: 2011-04-27

Sold Date: 2011-07-08

Sold Price: $575,000