$825,000
Queensbury, NY 12804
MLS# 25110386
Status: Closed
6128 sqft
1 / 2
Property Description
Well established AAA 20 unit motel in excellent condition with 4 separate buildings, 3 motel unit building and one 2100 sq ft owners residence w/ 4 bedrooms. Current owner operates on 4 months and travel south for the winter. All units are winterized and could be open year yound. Gross income could be substantially more! Located on Rt 9 on a 1 acre lot ideal for conversion to franchise motel chain. Inground pool.
Details
Maps
Contract Information
Original List Price: 875000
Offered Lease/Sqft: 134.63
List Price/SqFt: 142.79
Sold Price/SqFt: 134.63
List Price/Acres: 892857.14
Sold Price/Acres: 841836.73
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $825,000
Listing Contract Date: 2005-06-09
Current Price: $825,000
Location
City/Town (Mail): Queensbury
Street Number: 932
Street Name: LAKE GEORGE
Street Suffix: Road
County: Warren
State/Province: NY
Postal Code: 12804
Geo Lat: 43.376998
Geo Lon: -73.614997
Property Detail
Year Established: 1962
Stories: 2
Business Name: Brown's Welcome Inn
Lot Size Square Feet: 43600
Zoning: Commercial
Lot Size Dimensions: flat, level to rt 9
Lot Size Acres: 0.98
Building Area Total: 6128
Building Available SQFT: 5000
Main Road Frontage: 200
Enhanced Accessible Y/N: Yes
Year Built: 43
Parcel, Tax, HOA
Parcel Number: 523400 296.13-1-12
FIPS Code: 36113
Tax Annual Amount: 6638
Tax Section: 296.13
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 12
Association Y/N: No
Directions & Remarks
Directions: Exit 19 off I87 East to Rt 9. Turn left (North) on Rt 9/ Lake George Road. 1/8 mile on left just past Walmart before "The Great Escape".
Public Remarks: Well established AAA 20 unit motel in excellent condition with 4 separate buildings, 3 motel unit building and one 2100 sq ft owners residence w/ 4 bedrooms. Current owner operates on 4 months and travel south for the winter. All units are winterized and could be open year yound. Gross income could be substantially more! Located on Rt 9 on a 1 acre lot ideal for conversion to franchise motel chain. Inground pool.
Electric
Amps (Legacy): 200
Volt (Legacy): 220
Financial Details
General Taxes: 1411
General Taxes Description: Estimated
School Taxes: 5227
School Taxes Description: Estimated
Seller Financing: No
Cooling
Air Conditioning (Legacy): yes
Building Detail
Building Ceiling Height: 8
Office Total SQFT: 144
Office Available SQFT: 144
Office Ceiling Height: 8
Retail Total SQFT: 5000
Retail Available SQFT: 5000
Retail Ceiling Height: 8
Warehouse Total SQFT: 4800
Warehouse Available SQFT: 4800
Warehouse Ceiling Height: 8
Construction Materials
Construction Materials (Legacy): Wood frame
Possession
Possession (Legacy): At closing
Special Listing Conditions
Ownership: Do Not Use
Heating
Heat Systems (Legacy): Gas & Electr
Income And Expenses
Gross Income: 134000+
Gross Income Description: Estimated
Electric Expense: 1490
Electric Expense Description: Estimated
Gas Expense: 4000
Gas Expense Description: Estimated
Water Sewer Expense: 655
Water Sewer Expense Desc.: Estimated
Other Expense 1 Type: cable 1283
Other Expense 2 Type: Tele 2205
Parking Features
Parking Total: 26
Private: 1
Possible Use
Apartment Plus: 1
Business: 1
Hotel/Motel: 1
Office Plus: 1
Status Change Info
Status Change Date: 2006-10-02
Under Contract Date: 2006-05-08
Sold Date: 2006-09-29
Sold Price: $825,000
Property Features
Parking Features: Private
Possible Use: Apartment Plus; Business; Hotel/Motel; Office Plus
Listing Courtesy of Coldwell Banker Prime Prop.
Listing Agent: Peggy Blake-Kindron
518-793-4488 |
518-793-4488 |
