$1,700,000
$2,250,000
24.4%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
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
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Bought with TIMM ASSOCIATES SOTHEBY'S