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Property Details - Lake Luzerne Real Estate

508 Lake Avenue, Lake Luzerne, NY 12846 Price: $795,000


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Number of Pictures: 1 of 39
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Commercial
Taxes: $4,475
Year Built: 1975
MLS Number: 202425303

 Community Info:
What's Nearby
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Nearby Sold Listings
Community Stats
  Directions
From I-87 take exit 21 then left on Route 9N for approximately 7.5 miles to Luerne Coiurt Motel on left at corner of Lake Avenue (Route 9N) and Towner Road
  Description

10 unit motel with a flex space which could be a manager or owner residence. A separate 2,851 sq ft house with 3 apartments. A 20 x 40 in-ground pool and barbecue area and fire pits. Two RV sites for additional income. Motel rooms are spacious, comfortable, clean and each has microwave, refrigerator, coffee machine and air conditioning. Set back from the highway & situated on 2.22 acres. An established business for several years. There is one exclusion.

  Features
  • Electric heat
  • Baseboard heater(s)
  • Hot water heat
  • Oil heat
  • Off street parking
  • Parking spaces: 16
  • Vinyl siding
  • Frame exterior
  • Porch
  • Lot acreage is: 2.22
  • Lot dimension is: 96703sf
  • Clear lot
  • Corner lot
  • Level lot
  • Lot sqft: 96703
  • Lot zoned: Commercial
  • Present use: Motel,Multi-Family
  • Lot number: 48.1
  • Metal roof
  • Unfinished basement
  • Partial basement
  • Public water
  • Property style: Office,Multiple Dwelling Unit
  • Business type: Hotel/Motel
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     Mortgage Payments
    The approximate monthly Principal & Interest payment for this property would be $2,546.16.
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    Click here to contact our Coldwell Banker Mortgage representative.
    Coldwell Banker Mortgage
    (802) 770-5990
    Courtesy of:
    Davies-Davies & Assoc Real Est
    Richard Blake
    (518) 656-9068

    All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.