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    OFF-MARKET
    Motels

    2775 State Route 30, Tupper Lake, NY 12986

    3,300 SF 1.05 ac lot
    Property ID
    US63-0917974
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a historic lodging establishment ideally situated on State Route 30, east of Tupper Lake, NY, in the heart of the Adirondack region. The property boasts 9 renovated cabins, each offering comfortable beds and private bathrooms, plus a main house with an additional one-room apartment. Spanning 1.05 acres, this 3,300 square foot property has been continuously operated since the 1930s, providing cozy, traditional Adirondack-style accommodations with modern amenities. Its prime location offers easy access to numerous attractions, including the Wild Center, Adirondack Sky Center, various restaurants and shops, and a wealth of outdoor recreational activities. Guests can enjoy hiking, fishing, boating, paddling, snowshoeing, cross-country skiing, and ice fishing, all within easy reach. The property's proximity to the Adirondack High Peaks, Raquette River, and St. Regis Canoe Area ensures a constant stream of visitors seeking a tranquil retreat surrounded by nature. This turnkey operation presents a unique chance to own a piece of Adirondack history and capitalize on the region's thriving tourism industry. The asking price is $425,000.

    Property profile
    Verified
    Property type Motels
    Total area 3,300 SF
    Lot 1.05 ac (45,738 SF)
    UPID US63-0917974
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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