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2285 Saranac AVE Lake Placid, NY 12946
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Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $142
MLS Listing ID 163790
Sold Date 10/21/21
Year Built 1973
Annual Tax Amount $22,683
Lot Size 0.800 Acres
Acres 0.8
Lot Dimensions .80 acre
Property Sub-Type Business
Source Adirondack-Champlain Valley MLS
Property Description
PRICE REDUCTION! Amazing business opportunity - The Woodlake Motor Inn is located on popular Saranac Ave, a main entrance coming into and out of Lake Placid. Just steps to everything main street has to offer. Motor Inn has 23 lodging rooms, two with kitchenettes and one apartment (500 sq feet). Includes a beautiful 2500 square foot log home built in 1991 with 4 bedrooms, 2 bath (one recently refinished, one with large jet tub), stone fireplace and hardwood floors. Large .80 acre lot with 30 parking spaces. Amazing location with business income. You can live in Lake Placid in an amazing log home and create income right outside your door. Neighboring building with restaurant and 3 apts for sale by same owner... owner the strip!
Location
State NY
County Essex
Zoning Commercial
Direction Saranac Avenue across from Engel & Volkers office, east of Victor Herbert Road
Rooms
Basement Unfinished
Interior
Heating Baseboard, Electric
Cooling Wall Unit(s)
Appliance Electric Water Heater
Exterior
Exterior Feature Lighting
Parking Features Off Street, Parking Lot, Private
Utilities Available Cable Available, Internet Available, Sewer Connected, Water Connected
View Commercial, Mountain(s)
Roof Type Composition
Street Surface Paved
Building
Lot Description Level, Many Trees, Paved
Structure Type Frame,Log,Wood Siding,2x6 Walls
Schools
School District Lake Placid
Others
Senior Community No
Tax ID 42.ODK-1-7.008
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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