$1,300,000
$1,344,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
15,000 SqFt
SOLD DATE : 02/17/2022
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $86
MLS Listing ID 172327
Sold Date 02/17/22
Year Built 1996
Annual Tax Amount $12,000
Lot Size 2.210 Acres
Acres 2.21
Property Sub-Type Business
Source Adirondack-Champlain Valley MLS
Property Description
Cramer's Cottages is a beautiful resort business opportunity located just off busy Lake George with deeded beach lake frontage in the heart of the Adirondack park of Upstate NY. This seasonal cabin and cottage resort business sits on over 2 acres, conveniently on the main road just north of Lake George village. The property also has deeded lake rights to a beautiful beach for access to the Queen of American Lakes just a short walk from the property. The property consists of 10 seasonal cottages, 2 efficiencies, and 8 motel rooms. These combine to offer a variety of floor plans for every type of traveler: couples, families, single travelers, or large groups in the large rental home. There is also a nice 7-bedroom owner's home on premise, making this a great lifestyle business opportunity to operate a very profitable business for 5 months of the year, take the rest as vacation, travel or do whatever you'd like for the remaining 7 months of the year. Great opportunity, clean financials.
Location
State NY
County Warren
Direction Directions I87N to exit 22, left off exit on to Lake Shore Drive (Route 9) approximately two miles on the right.
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Natural Gas, Propane
Cooling Window Unit(s)
Appliance Electric Water Heater
Exterior
Parking Features Private
Utilities Available Internet Available
View Lake, Mountain(s)
Roof Type Wood
Street Surface Paved
Road Frontage State Road
Building
Lot Description Paved, Private
Sewer Septic Tank
Water Well Drilled
Structure Type Frame,Wood Siding
Schools
School District Lake George
Others
Senior Community No
Tax ID 522289 238.08-1-86
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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