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    34350 State Highway 10 Walton, NY 13856

    Sponsored
    For Sale
    $600,000

    Historic motel with solid bookings & river views.

    Property size:
    4,250 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 4,250 square foot motel presents a unique investment opportunity in Walton, NY. The Octagon Motel, a well-maintained and profitable establishment, boasts 10 clean, non-smoking guest rooms, an office, a kitchenette, and a convenient laundry room. Its prime location on a 5-acre lot, including some prime farmland, offers stunning views of the surrounding river valley and is conveniently situated near Walton, Hamden, and Delhi, catering to both tourists and business travelers. The motel enjoys consistent year-round bookings, providing a steady income stream. Significant cost savings are realized through the installation of solar panels on the south side of the building, effectively offsetting utility expenses. The property's infrastructure has been meticulously maintained, reflecting a commitment to quality and longevity. The nearby West Branch River provides guests with recreational opportunities such as fishing, swimming, and boating during the warmer months. This turnkey operation is ready for immediate ownership and offers significant potential for expansion. Adjacent properties, including 45 acres of farmland and a 40-acre historic Octagon Farm, are also available for purchase, presenting the possibility of developing a larger, more ambitious hospitality project, such as a boutique hotel.

    Property Features for 34350 State Highway 10

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,250 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Hotel & Motel Food Market Bar & Pub Car Rental Daycare Center Pet Grooming Service Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Walton
    County
    Delaware
    State
    New York
    Longitude
    -75.01531
    Latitude
    42.17983

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    FAQs

    What type of property is this?
    Commercial real estate - Historic motel with solid bookings & river views.
    Where is this commercial real estate located?
    The property is located at 34350 State Highway 10 Walton, NY.
    What is the asking price?
    The asking price for this property is $600,000.
    (802) 578-0731
    Request Owner's contact information
    34350 State Highway 10 Walton, NY 13856
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    Walton, NY 13856
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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
    34350 State Highway 10 Walton, NY 13856
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