Back to Results

MLS# S1208586

Status: Active
71 Demars Boulevard
Tupper Lake, NY 12986
$675000

Commercial/Industrial
Sq Ft Total: 66211
Acres: 1.5200
Year Built: 1980
On Waterfront: Yes
Contact:
Peter Martino
NY Outdoor Realty LLC
Photos
Map
Family operated Motel with 55-60% repeat customers in Tupper Lake NY. With 11 rental units, 7 of which are year-round. Pristine shoreline boasting 320 ft. of waterfront. The entire business is for sale including website, all furnishings! Operates at a 17% CAP Rate. NOI and Profit/Loss offered upon request to qualified buyers only. Business assets: Residential home with full kitchen 3, bedrooms, 2 full bathrooms, living room, laundry home, main business office, 2 car garage. Return client list from 2002… 55-60% repeat customers. 11 rental unit with wifi, cable, televisions. All furnishings, appliances, linens, cleaning supplies. 75’ dock with room for 8 boats, 4 motor boats, 1-row boat, fishing supplies (tackle shop), boat rental business. Advertising brochures, website, signage.

Additional Features

County:Franklin
Area:Tupper Lake Village
School District Name:Tupper Lake
Num of Stories:1.0000
Lot Square Footage:66211
Year Built Description:Existing
Assessed Value:366900
Total Taxes:13270
Waterfront Description:Pond
Waterfront Name:Raquette Pond
Lot Dimensions Depth:170
Lot Dimensions Frontage:320
Location:Business District
HVAC Type:Forced Air
Heating Fuel Description:3 Phase
Roof Description:Asphalt,Metal
Zoning Code:20401