Building Lots, Recreational Land, Waterfront
Family operated Motel with 55-60% repeat customers in Tupper Lake NY. With 11 rental units, 7 of which are year-round, this business opportunity is ideal for anyone wanting to live and work in the Adirondacks. Sandy beach for swimming, fishing, relaxing just outside of each bay window. Pristine shoreline boasting 320 ft. of frontage on Raquette Pond. Each room overlooks the water with views of mountains in the distance.
The entire business is for sale including website, all furnishings….TURN KEY!
Operates at a 17% CAP Rate.
NOI and Profit/Loss offered upon request to qualified buyers only.
Business assets:
The entire property is on municipal water and sewer and zoned commercial. Endless potential for expansion for Marina, Restaurant or Outfitter!
Located along the Olympic Byway Scenic Highway, Rt. 3 just on the north side of Tupper Lake… great exposure!
Borders a town park to the south.
Other Features:
This is the perfect opportunity to own an established business with a strong return customer base while enjoying the beautiful Adirondacks and all it has to offer!
Updated on June 1, 2020 at 11:15 am
1.5 acres Sunset Park Motel Tupper Lake NY - 71 Demars Blvd, Tupper Lake, NY 12986, USA
