Listing ID177488
Price$2,250,000
StatusPending
SqFt
8,650
Acres
5
CountyHamilton
SubdivisionNone
Year Built1999
Property TypeCommercial
Property Sub TypeCommercial/Residential, Hotel/Motel
This waterfront cottage colony and motel has been in business for decades and has plenty of repeat clientele. The maintenance and condition is excellent. Divided into two parcels, one on each side of Route 28, the major route through the Adirondack Park, the 10 unit motel, owner's home and 1 cabin sit on the south side. On the north side are 5 more rental units and over 300' of gentle shoreline and beach on Seventh Lake. All rental units and motel are ready for year round use and all the cabins have winter rentals established. The owner's home is a ranch style home with full basement, 2 garages and sits in an area separate from the motel but close enough for attention to all details. Besides the lake and water activities, a snowmobile trail from the lake to all trails in the town of Inlet comes right next to the property which makes it desirable. The Inlet Golf Course is nearby as well as all the activities that the town has to offer; shops, dining, tennis, ball park, and playground.
Cooling
Wall Unit(s)
Heating
Above Ground Tank, Propane, Hot Air
Water Heater
Electric
Water/Sewer/Gas
Well Drilled, Septic
Basement/Foundation
Full, None
Body of Water
Seventh Lake
Construction
Modular, Frame
Exterior
Wood, Vinyl
Parking
Private, Parking Lot
Road Frontage
453
Road/Lot Description
View Mountains, Gravel
Roof
Metal
Views
Trees/Woods, Lake
Waterfront
yes
Waterfront Footage
300+ or-
Waterfront Type
Lake
Area
Old Forge, Inlet, Eagle Bay, Big Moose
Community
Inlet
School District
Inlet
Subdivision
None
Zoning
Block
Additional Tenant Charges
None
Sale Includes
Equipment, Fixtures, Furniture
Sale Type
Conventional
Agency
ERTS
Amenities
Cable TV, Carbon Monoxide Detector
Electric
200+ Amp Service
© 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 Sotheby's International Realty-BML. Data last updated: Tuesday, March 28th, 2023 at 07:26:17 PM.
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