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Lake Clear See all listings

43, 44, 47 Junction Rd, Lake Clear NY 12945

$3,000,000

MLS# 177093

8.8 acres

5,045 sq. ft

Listing Courtesy of: Coldwell Banker Whitbeck Assoc Tupper Lake

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Portrait of Jack Favro

Jack Favro

518-637-8169

[email protected]

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Overview

Charlie’s Inn Complex, situated in the Lake Clear Train Junction created in 1891, is best poised to take advantage of the Adirondack Rails to Trails project (RTT). Located smack in the crossroads of the Adirondack Scenic Railroad bed & other trails, with its ownership of the Train Depot bldg and abundant adjacent parking; winter snowmobile patron revenue TRIPLED last winter. This is indicative of the economic impact of the RTT project in the WINTER MONTHS ONLY. Even before the final railroad bed surfacing, bike and hiking traffic HAS ALREADY INCREASED. Upward revenue trajectory for all seasons based upon full completion, is not all that speculative. Furthermore, this restaurant/bar/hotel/cottage/SF home/depot station/RV park complex is an established enterprise—Charlie’s Inn as it is now known, started in 1963. The main building has operated as an inn since its construction over 130 years ago. A very impressive track record. SEE DOCS above for specs on 7 structures & more features.

Details & Amenities

Listing Details

  • MLS #: 177093
  • Status: Active
  • Date Listed: 08-19-2022
  • Days On Market: 9
  • Sq. Ft: 5,045
  • Acreage: 8.8
  • Business Type: Restaurant/Bar, Hotel/Motel
  • Seasonal Property: No
  • Listing Courtesy of: Coldwell Banker Whitbeck Assoc Tupper Lake

Interior Features

  • Basement: Crawl Space, Full, Exterior Entry, Partial
  • Heating Type: Propane, Hot Air
  • Air-conditioning Type: Central Air

Exterior & Lot Features

  • Area: None
  • County: Franklin
  • Town: Lake Clear
  • Township: Harrietstown
  • School District: Saranac Lake
  • Views: Trees/Woods
  • Lot Features: Level
  • Lot Size Area: 8.8
  • Lot Size Dimensions: see ta x map
  • Total Parking: 66
  • Road Type: Paved, Gravel
  • Sewer: Septic Tank
  • Waterfront Features: None
  • Frontage: Road Frontage(616)
  • Zoning Description: Commercial

Building & Construction

  • Tax Map #: 422.313.2, 14, 15 &17
  • Annual Taxes: $13,012
  • Year Built: 1891
  • Parking Features: Parking Lot
  • Exterior Siding: 2x6 Walls, Asbestos Shingle, T1-11
  • Roof Type: Rolled/Hot Mop, Composition
  • Foundation Details: Stone
  • Electric AMP: 200+ Amp Service
  • Water Source: Well Drilled
  • Features: Kitchen