Inlet, NY 13660,402, 407 State Route 28

$1,700,000

Est. payment /mo

$2,250,000

24.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

402, 407 State Route 28 Inlet, NY 13660

8,650 SqFt

SOLD DATE : 04/21/2023

Key Details

Sold Price $1,700,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,650 sqft

Price per Sqft $196

MLS Listing ID S1438805

Sold Date 04/21/23

Construction Status Existing

HOA Y/N No

Year Built 1999

Annual Tax Amount $17,400

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 300X500

Property Description

Deer Meadows motel and cottages has been in business for decades. There is plenty of repeat clientele. Offering includes 2 parcels, one on either side of Rt 28. 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 300' of gentle shoreline and beach on Seventh Lake. All rental units and motel are ready for year round use and all cabins have winter rentals established. The owner's home is a ranch style home with full basement, 2 garages and sits in a separate area for privacy. Besides the lake and water activities, a snowmobile trail from the lake to all the Inlet trails runs along the side of the property. 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.

Location

State NY

County Hamilton

Area Inlet-202800

Zoning C

Direction Route 28 to Inlet. Property is north of the town approximately 2 miles.

Body of Water Seventh Lake Inlet

Interior

Heating Propane

Flooring Carpet, Linoleum, Vinyl

Fireplace No

Exterior

Waterfront Description Lake

Roof Type Metal

Total Parking Spaces 50

Building

Story 1

Sewer Septic Tank

Level or Stories One

Construction Status Existing

Schools

School District Inlet

Others

Tax ID 60.017-8-8.1, 60.013-1-11.21

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by TIMM ASSOCIATES SOTHEBY'S
Bought with TIMM ASSOCIATES SOTHEBY'S

Gretchen Metnick

Broker Associate | License ID: 10301220510

+1(315) 383-5256

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.