34350 State Highway 10Walton, NY 13856

  • Hospitality properties
  • 4,250 SF
For Sale
$600,000 View listing

Property Details for 34350 State Highway 10

Year built
2004
Lot size
5.00 AC
Property size (Sq ft)
4,250 SF
Zone code
01 - NOT ZONED
Property type
Hospitality properties
Property subtype
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.

34350 State Highway 10, Walton, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Walton
County
Delaware
State
New York
Latitude
42.1792
Longitude
-75.015

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$6,785
$22,000
$253,000
$275,000
-
$23,528
$270,572
$294,100

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