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    129 Park St Tupper Lake, NY 12986
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    Property profile & analytics

    129 Park St, Tupper Lake, NY 12986

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    • Commercial land
    • 0.08 lot acres
    Approved Hotel Project in Adirondacks For Sale
    $1,150,000
    29,448 SF

    Approved Hotel Project in Adirondacks

    Shovel-ready 44-room boutique hotel project in the Adirondack Park.

    129 Park St, Tupper Lake, NY 12986
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    Property ID
    US63-6129511
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 129 Park St

    Lot size
    0.08 lot acres
    Property type
    Commercial land
    APN
    162001 490.59-4-13
    APU
    16200149059413

    Description

    This exceptional investment opportunity presents a fully approved, shovel-ready plan for a 44-room boutique hotel in the heart of the Adirondack Park, Tupper Lake, NY. Located on a 1.18-acre lot at 129 Park St, this prime location boasts high visibility along NY Routes 3 & 30, ensuring significant exposure to tourists traveling through the Adirondack region. The proposed "Classic Adirondack" style hotel will feature a bar and restaurant, a meeting room, and a fitness area, catering to the growing tourism industry and addressing the current need for additional hospitality services in the area. The project's total square footage is 29,448 square feet, and it's designed to provide a much-needed amenity for visitors. The project has already secured necessary approvals and is poised for immediate construction. Furthermore, there's potential for public funding assistance to further enhance the project's financial viability. Detailed plans are available upon request for serious buyers. This is a unique chance to capitalize on the thriving Adirondack tourism market and establish a significant presence in this desirable location. The asking price for this exceptional development opportunity is $1,150,000. Don't miss this chance to own a piece of the Adirondack experience.


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    Location Insight

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    • Local Demand
    City
    Tupper Lake
    County
    Franklin
    State
    New York
    Longitude
    -74.464
    Latitude
    44.2242
    CBSA code
    31660
    CBSA name
    MALONE, NY MICROPOLITAN STATISTICAL AREA

    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
    0
    $0.00
    $7,300
    $0.00
    $7,300
    -
    $10,429
    $0.00
    $10,429
    View Listing
    More about this property
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