508 Lk Ave, Lake Luzerne, NY 12846-2928

This exceptional investment opportunity presents a 10-unit motel situated on a spacious 2.22-acre lot in Lake Luzerne, NY. The property boasts 2,851 square feet of building space, including a flexible area suitable for an owner's residence or manager's apartment. The motel features ten well-maintained rooms, each equipped with a microwave, refrigerator, coffee maker, and air conditioning, ensuring guest comfort. Ample parking is available with 16 spaces provided. Beyond the motel itself, the property includes two RV sites, generating additional revenue streams. Recreational amenities enhance the property's appeal, including a 20 x 40 in-ground pool, barbecue area, and fire pits. The motel benefits from its convenient location, set back from the highway for a peaceful atmosphere. This established business has a proven track record of success, offering a strong return on investment. The property is zoned for commercial use and is offered at an asking price of $795,000. Please note: one item is excluded from the sale. This is a rare opportunity to acquire a thriving hospitality business with significant upside potential. The property's combination of motel units, RV sites, and attractive amenities makes it an ideal investment for those seeking a diversified income stream in a desirable location.