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2624 NY-40 Greenwich, NY 12834

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Newly renovated 10-unit motel near Saratoga Springs and Adirondacks.

Type:Retail
Property size:
3,000 SF
Added:
May 22, 2024
Days on Market:
697
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 2624 NY-40

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Retail

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Listing Contact
Cathy Libecci

Listing agent Cathy Libecci License #NY

Listing office Coldwell Banker Prime Properties Saratoga Springs

Listing date May 22, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties Saratoga Springs


Overview

Turn-Key 10-Unit Motel Investment

This is a newly renovated, turn-key 10-unit motel located in Greenwich, New York. Its location is near Saratoga Springs, Vermont, and the Adirondack Mountains. The property is suited for tourists, outdoor enthusiasts, and event-goers. Over the past 3 years, business has tripled due to consistent upgrades and regional tourism. The units feature updated interiors, fresh paint, linens, and fixtures. Capital improvements include a new roof, hot water tanks, and updated mechanicals. The property is suited for an owner-operator or investor looking to step into a thriving business with strong cash flow and future growth potential. The property size is 3000 square feet.
Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

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

Similar Places Nearby

  • Timmins Homestead 368 co rd 52, greenwich, ny 12834
  • Gather 103 Main St, Greenwich, NY 12834

Location Insight

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  • Local Demand
City
Greenwich
County
Washington
State
New York
Longitude
-73.5018
Latitude
43.09

FAQs

What type of property is this?
Motel - Newly renovated 10-unit motel near Saratoga Springs and Adirondacks.
Where is this motel located?
The property is located at 2624 NY-40 Greenwich, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Turn‑key, newly renovated 10‑unit motel.; Strategic location near Saratoga Springs, Vermont, and the Adirondack Mountains.; Business has tripled in the past 3 years due to consistent upgrades and strong regional tourism.
More about this property
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