Listing ID162470
Sold For$572,500
Statussold
Sold Date7/19/2019
SqFt
3,340
Acres
0.340
CountyHamilton
SubdivisionNone
Year Built1950
Property TypeCommercial
Property Sub TypeApartments, Restaurant/Bar
Listing Agent
Heather Timm Keen
Title:
Associate Real Estate Broker, ABR, SRS, RSPS, e-Pro
Email: heather@timmassociates.com
Cell Phone: 315.369.5434
The Tamarack Cafe is in the heart of the charming Adirondack village of Inlet, NY. This profitable business has an outstanding CAP rate of 14! The Tamarack Cafe has been thriving for decades. This property is also the home of Inlet's only miniature golf course, Putterfingers. The restaurant and mini-golf course attract visitors from surrounding communities, campgrounds and motels in an often-bustling tourism area. The offering includes a five-bedroom, 1924 square foot apartment, currently used for employee housing, that could serve as an owner's residence or one or more rental units. The restaurant has additional outdoor seating and concessions available at the mini-golf course.
Cooling
Wall Unit(s)
Heating
Propane/Hot Air, Pellet, Wood Stove
Water Heater
Oil
Water/Sewer/Gas
Well Drilled
Basement/Foundation
Full
Construction
Frame
Exterior
Wood
Lot Dimensions/Acres
66.9x249
Parking
On Street, Off Street
Road Frontage
66.9
Road/Lot Description
Level, Public
Roof
Metal
Views
Commercial
Waterfront
no
Waterfront Type
None
Area
Old Forge, Inlet, Eagle Bay, Big Moose
Community
Inlet
School District
Inlet
Subdivision
None
Additional Tenant Charges
None
Sale Includes
Equipment
Sale Type
Conventional
Agency
ERTS
Amenities
Kitchen
APA
Hamlet
Electric
200 Amps
© 2023 Adirondack-Champlain Valley MLS (ACVMLS). All rights reserved. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Timm Associates Sothebys International Realty. Data last updated: Tuesday, March 28th, 2023 at 07:26:17 PM.
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