$425,000
$499,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
6,983 SqFt
SOLD DATE : 04/28/2023
Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 6,983 sqft
Price per Sqft $60
MLS Listing ID 175156
Sold Date 04/28/23
Year Built 1962
Annual Tax Amount $5,283
Lot Size 1.800 Acres
Acres 1.8
Property Sub-Type Business
Source Adirondack-Champlain Valley MLS
Property Description
Long-standing business in the heart of Wilmington. It has been a great business for the current owners for the last 17 years. The motel sits on just under 2 acres and is approx. 2.5 miles from Whiteface Mountain. It has been well maintained. It consists of 13 guest rooms, a full commercial kitchen, dining room, gift shop, in-ground pool, a fire pit area, and plenty of parking. There is also an attached house that is currently used for storage. The rooms have fresh carpets and new memory foam mattresses. They are clean, comfortable and feature cable TV, WiFi, a fridge, microwave, and a coffee maker. This is a great opportunity to live, work and play in the Adirondacks!
Location
State NY
County Essex
Zoning Mixed
Direction From Lake Placid: Rte. 86 to the 4 corners in Wilmington. Make a left (still Rte. 86), property 3 building down from the corner on the right, before the post office. From Plattsburgh: Rte. 9N to Jay. Make a right onto Rte. 86. Follow into Wilmington. Property is just after the post office and before the 4 corners.
Rooms
Basement Crawl Space
Interior
Heating Baseboard, Oil, Space Heater
Cooling Wall Unit(s)
Appliance Electric Water Heater
Exterior
Parking Features Off Street, Parking Lot, Private
Utilities Available Cable Available, Internet Available, Water Connected
View Commercial
Roof Type Composition
Street Surface Paved
Road Frontage Public
Building
Lot Description Cleared, Level, Paved
Foundation Block
Sewer Septic Tank
Structure Type Frame,Stone Veneer,Wood Siding
Schools
School District Lake Placid
Others
Senior Community No
Tax ID 26.6-5-7.000
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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