Sold!

Best Western Mountain Lake Inn

487 Lake Flower Avenue, Saranac Lake, NY
List Price: $3,500,000
List Price: $3,500,000
35,800 Sq. Footage
2.9 Acreage

Best Western Mountain Lake Inn is a 69 unit interior corridor hospitality facility located in Saranac Lake , NY.  It has  great exposure and a terrifc following. Occupancy rate is 65 %. It also includes an adjacent 85 seat restaurant known as McKensie's Grille.  The hotel structure  was constructed in 1992 with 52 queen rooms and 17 single king rooms. There is also an indoor pool , spacious lobby and conference area. Nicely furnished and meets all Best Western standards. All units have AC and structure is sprinklered with handicap designated rooms. Site comprises 2.9 acres with over 400 feet of road frontage with water views. This is the only major franchise in Saranac Lake and draws substantial overnight business from the Lake Placid market given pricing differences....A fabulous opportunity.....

Details
  • Type: Commercial
  • Acreage: 2.9
  • Approx Sq Ft: 35800
  • Year Built: 1992
  • MLS#: 161553
  • Location: 487 Lake Flower Avenue, Saranac Lake, NY
  • Views: Lake and Commercial
  • Heat: Combination electric/ac wall units
  • Furnished: All FF&E
  • Waterfront: Yes
  • Frontage: 350'
  • Listing Agent: Robert T. Politi, MAI
  • Sold By: Marie Morgan
Amenities
  • 85 seat restaurant
  • Indoor pool
  • conference meeting area
  • on-site parking
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