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    644 County Route 48 Altmar, NY 13302

    For Sale
    $950,000

    16-Room Motel, Campground, 10 Acres

    Property size:
    7,840 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional turnkey business opportunity in Altmar, NY, presents a 7,840 sq ft motel and campground on a sprawling 10.4-acre lot. The property boasts a recently renovated 16-room motel with a large basement/game room and an inviting outdoor gathering space complete with grills and picnic tables. A spacious office with an attached garage provides ample administrative space. Upstairs, a private owner's suite offers a large kitchen, two bedrooms, one full bath, and a new walk-out deck. The campground features 30 campsites with water and electric hookups, complemented by a newly constructed bathhouse including four half-baths and two full baths, plus a utility storage room with new appliances. Additional amenities include a large storage shed and a functioning walk-in cooler. A commercial laundry area is conveniently located behind the office. This centrally located property is ideal for outdoor enthusiasts, attracting fishermen, hunters, ATV riders, and snowmobilers. The property includes tax map # 072.00-03-17.18. This is a rare chance to acquire an established and profitable business in a desirable location. The property is ready for immediate operation, presenting a significant return on investment for the right buyer. All systems are in place and ready for a new owner to step in and continue the success of this well-maintained and popular destination.

    Property Features for 644 County Route 48

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,840 SF
    Lot Size
    453,024 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Mid-River Motel & Campground Hotel

    Suggested Use

    Realty agency Hotel & Motel Plumbing Service Bed & Breakfast Fish Market Travel Agency Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altmar
    County
    Oswego
    State
    New York
    Longitude
    -76.04118
    Latitude
    43.5401

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    FAQs

    What type of property is this?
    Commercial real estate - 16-Room Motel, Campground, 10 Acres
    Where is this commercial real estate located?
    The property is located at 644 County Route 48 Altmar, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    (315) 298-7060
    Request Owner's contact information
    644 County Route 48 Altmar, NY 13302
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    Altmar, NY 13302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    644 County Route 48 Altmar, NY 13302
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