Saranac Lake See all listings

487 Lake Flower Avenue, Saranac Lake NY 12983

$3,500,000

MLS# 161553

2.9 acres

35,800 sq. ft


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Overview

This is a 69 unit Best Western with adjacent 85 seat restaurant called McKenzie’s Grille. Site has 2.9 acres with 410 feet of excellent road frontage and great exposure. Hotel built in 1992 has 52 double queen rooms and 17 single king rooms. There is also an indoor pool, spacious lobby and conference area. 4 of the hotel units are designated as handicap. There is also on-site parking for 89 cars. All units with AC. Building is sprinklered.

Details & Amenities

Listing Details

  • MLS #: 161553
  • Status: Closed
  • Date Listed: 01-03-2018
  • Days On Market: 182
  • Sq. Ft: 35,800
  • Acreage: 2.9
  • Business Type: Hotel/Motel
  • Closing Date: 2018-07-03
  • Closing Price: $3,600,000
  • Seasonal Property: No
  • Marketed By: Merrill L. Thomas, Inc.

Interior Features

  • Heating Type: Wall Furnace
  • Air-conditioning Type: Wall Unit(s)

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Saranac Lake
  • Township: N Elba
  • School District: Saranac Lake
  • Views: Lake
  • Lot Features: Level
  • Lot Size Area: 2.9
  • Total Parking: 89
  • Pool Features: Swimming Pool
  • Road Type: Paved
  • Body of Water : McKenzie Slough
  • Waterfront Features: Pond
  • Frontage: Road Frontage(410), Water Frontage(350)
  • Zoning Description: Commercial

Building & Construction

  • Tax Map #: 32.26326.718
  • Annual Taxes: $76,717
  • Year Built: 1992
  • Parking Features: Off Street
  • Exterior Siding: Metal Siding, Masonry, Wood, Vinyl
  • Roof Type: Composition
  • Foundation Details: Poured
  • Electric AMP: Other