34350 State Highway 10 Walton, NY 13856
- Motels
- 4,250 SF
- 5.00 lot acres
Current Use by Public Records
- Motels
Property Details for 34350 State Highway 10
- Year built
- 2004
- Lot size
- 5.00 lot acres
- Property size
- 4,250 SF
- Zone code
- 01 - NOT ZONED
- Property type
- Motels
- APN
- 123400 254.-1-38.12
- APU
- 12340025413812
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walton
- County
- Delaware
- State
- New York
- Longitude
- -75.015
- Latitude
- 42.1792
