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    121 Pike Rd Sackets Harbor, NY 13685

    For Sale
    $1,450,000

    Inn & Suites with suites and standard rooms available for sale.

    Property size:
    11,582 SF

    Property Features for 121 Pike Rd

    General Information

    Size
    11,582 SF

    Building Details

    Year built
    1907

    Source: Thomas Lockwood Agent Thomas Lockwood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Madison Inn & Suites For Sale

    The Madison Inn & Suites features uniquely different rooms, including eleven suites with full kitchens and seven standard-size rooms. The Inn accommodates overnight, weekly, or month-to-month stays and operates year-round. Some rooms offer views of Black Water Bay. Guests can enjoy sunset views from the porch. The property is located near grocery stores, a pizza shop, a liquor store, a laundromat, and restaurants. The property size is 11582 square feet. It can be purchased with the Theatre, Madison Barracks Marina and the Fitness Club. The cross street is Backus Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Madison Barracks Apartment Building

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Hair Salon Clothing Store Gym & Fitness Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sackets Harbor
    County
    Jefferson
    State
    New York
    Longitude
    -76.110527
    Latitude
    43.9534827

    Nearby Similar for Sale

    • $704,000
      25,932 SF

      Historic Fitness Center at Madison Barracks

      Historic fitness center built in 1884, renovated in 2010.
      201 Pike Rd, Sackets Harbor, NY 13685
      View Details

    FAQs

    What type of property is this?
    Hotel - Inn & Suites with suites and standard rooms available for sale.
    Where is this hotel located?
    The property is located at 121 Pike Rd Sackets Harbor, NY.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Eleven suites feature **full kitchens, offering extended stay options and self-sufficiency.**; - Option to purchase with the Theatre, Madison Barracks Marina, and Fitness Club, creating a potential investment opportunity.; - **Black Water Bay views available from some rooms and the porch.**
    (585) 737-4055
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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
    121 Pike Rd Sackets Harbor, NY 13685
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