12508 State Highway 37 Waddington, NY 13694

Property Details for 12508 State Highway 37

Year built

1951

Lot size

8.70 lot acres

Property size

11,000 SF

Property type

Commercial real estate

Description

This exceptional 11,000 sq ft motel, operating successfully for 70 years, presents a unique investment opportunity. Situated on 8.7 acres of waterfront property in Waddington, NY, this turnkey business includes 12 guest rooms (three with kitchenettes), six fully appointed cabins, and a five-bedroom owner's suite with a full kitchen and office. The property boasts two docks (one on the St. Lawrence River, one on a 40-acre lake), ample parking for guests and boats, and spacious garages for equipment storage. The motel enjoys a prime location along State Highway 37, near local beaches and state parks, catering to a diverse clientele of tourists, fishermen, boaters, and outdoor enthusiasts. The property's infrastructure and expansive acreage offer significant potential for expansion and growth, capitalizing on the increasing demand for lodging in this desirable North Country location. All amenities, equipment, and supplies are included in the sale price of $850,000. The motel's established reputation and loyal customer base ensure a strong foundation for continued success. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a stunning natural setting. The property's proximity to popular attractions, including the St. Lawrence Seaway and various fishing tournaments, further enhances its appeal and profitability. The existing infrastructure, combined with the potential for additional docks, provides a solid base for future expansion and diversification. This is a truly exceptional opportunity for an investor seeking a profitable and established business in a picturesque location.

Location Insight

City

Waddington

County

St. Lawrence

State

New York

Longitude

-75.1755

Latitude

44.8746