$3,125,000
Malta, NY 12866
MLS# 201421941
Status: Closed
35500 sqft

1 / 18
Property Description
Large hotel complex at the gateway to Saratoga Springs. 31 rooms, 20 suites, indoor/outdoor pools, spa, fitness center, restaurants & well maintained outdoor spaces. Prime location at Exit 13N off I-87. Expansion opportunity exists. This listing includes 2 additional parcels across Cherry Choke Rd from the hotel - one parcel has 36 X 48 horse barn with seasonal residence. Please contact agent for additional details. Financials available with signed confidentiality agreement. Agent to accompany showings.
Details
Maps
Contract Information
Original List Price: 4000000
Offered Lease/Sqft: 88.03
List Price/SqFt: 112.68
Sold Price/SqFt: 88.03
List Price/Acres: 121951.22
Sold Price/Acres: 95274.39
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $3,125,000
Listing Contract Date: 2014-10-16
Current Price: $3,125,000
Location
City/Town (Mail): Saratoga Springs
Street Number: 2961
Street Name: ROUTE 9
County: Saratoga
State/Province: NY
Postal Code: 12866
Geo Lat: 43.027368
Geo Lon: -73.792365
Property Detail
Stories: 2
Zoning: Commercial
Lot Size Acres: 32.8
Building Area Total: 35500
Building Available SQFT: 35500
Main Road Frontage: 782
Enhanced Accessible Y/N: Yes
Year Built: 1982
Parcel, Tax, HOA
Parcel Number: 414089 191-1-11
FIPS Code: 36091
Tax Annual Amount: 60000
Tax Section: 191
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 11
Association Y/N: No
Directions & Remarks
Directions: South of Saratoga Springs. I-87 Exit 13N on Route 9
Public Remarks: Large hotel complex at the gateway to Saratoga Springs. 31 rooms, 20 suites, indoor/outdoor pools, spa, fitness center, restaurants & well maintained outdoor spaces. Prime location at Exit 13N off I-87. Expansion opportunity exists. This listing includes 2 additional parcels across Cherry Choke Rd from the hotel - one parcel has 36 X 48 horse barn with seasonal residence. Please contact agent for additional details. Financials available with signed confidentiality agreement. Agent to accompany showings.
Cooling
Air Conditioning (Legacy): central
Building Detail
Elevator #: 1
Office Available SQFT: 0
Retail Available SQFT: 0
Warehouse Available SQFT: 0
Construction Materials
Construction Materials (Legacy): Brick/Wood
Special Listing Conditions
Ownership: No Special Conditions
Standard: 1
Heating
Heat Systems (Legacy): Gas / Electric
Parking Features
Parking Total: 50
Private: 1
Possible Use
Hotel/Motel: 1
Land: 1
Status Change Info
Status Change Date: 2015-05-22
Under Contract Date: 2015-04-10
Sold Date: 2015-05-22
Sold Price: $3,125,000
Property Features
Parking Features: Private
Possible Use: Hotel/Motel; Land
Special Listing Conditions: Standard
Listing Courtesy of Roohan Realty
Listing Agent: Amy L Sutton
518-527-3564 | asutton@roohanrealty.com
518-527-3564 | asutton@roohanrealty.com

