71 Demars Blvd, Tupper Lake, NY 12986
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Previously Listed By  
NY OUTDOOR REALTY LLC
Office: 315-269-3487
 
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$675,000 List Price
Off Market
 
Listing ID 10622319
Property Type Commercial
County Franklin
Township Tupper Lake
School TUPPER LAKE CENTRAL SCHOOL DISTRICT
Total Tax $13,270
Tax ID 162001-490.043-0002-002.000
Year Built 1980
Associated Documents
DOCUMENT
 

1.5 acres Sunset Park Motel Tupper Lake

1.5 acres Land for sale with Sunset Park Motel and 320 feet on Raquette Pond in Tupper Lake, NY! Family operated Motel with 55-60% repeat customers in Tupper Lake NY. With 11 rental units, 7 of which are year-round, this business opportunity is ideal for anyone wanting to live and work in the Adirondacks. Sandy beach for swimming, fishing, relaxing just outside of each bay window. Pristine shoreline boasting 320 ft. of frontage on Raquette Pond. Each room overlooks the water with views of mountains in the distance. The entire business is for sale including website, all furnishings....TURN KEY! 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. Picnic tables, grills, fire pit. The entire property is on municipal water and sewer and zoned commercial. Endless potential for expansion for Marina, Restaurant or Outfitter! Located along the Olympic Byway Scenic Highway, Rt. 3 just on the north side of Tupper Lake... great exposure! Borders a town park to the south. Other Features: 320 feet of pristine frontage on Raquette Pond offering boating, swimming and trophy walleye, Northern Pike, and bass fishing Raquette Pond connects to Big Tupper Lake, Raquette River and Raquette Flow offering miles of exploring, fishing and boating 1 mile to downtown Tupper Lake, 15 minutes to Saranac Lake, and 30 minutes to Lake Placid Next door to annual Tupper Lake Woodsman's Field Days! Close to several new breweries and potential Big Tupper Ski area! This is the perfect opportunity to own an established business with a strong return customer base while enjoying the beautiful Adirondacks and all it has to offer!
NY OUTDOOR REALTY LLC, contact Pete Martino at 315-269-3487
Property Details
  • 65535 Sq. Ft.
  • 1.52 Acres
  • Built in 1980
  • 1 Story
Unit Information
Unit #1Other, Gross Area: 66211
Interior Features
  • Forced Air
Exterior Features
  • Frame Construction
  • Asphalt Shingles Roof
  • Metal Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Water View
  • Pond View
  • Lake View
  • Scenic View
  • Pond Waterfront
  • Dock Waterfront
  • Deep Water Dock Waterfront
  • Water Frontage: 320 Feet
Community Details
  • Hotel (Bldg. Style)
Commercial Info
  • Sunset Park Motel (Business Name)
  • Class: Hotel/Motel
  • 12 Parking Spaces
Income/Expenses
  • Net Income $118,000
Taxes and Fees
  • $5,283 School Tax
  • $2,795 County Tax
  • $5,192 Village Tax
  • $13,270 Total Tax
  • Tax Year 2019
Previously Listed By
NY OUTDOOR REALTY LLC
Office: 315-269-3487
Request More Information
Listing data is deemed reliable but is NOT guaranteed accurate.
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