1192 Route 9P - Hospitality FOR SALE


Saratoga Springs, NY 12866
$1,300,000 USD
518-888-4360
1192 Route 9P, Saratoga Springs, NY for Sale
$1,300,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

1192 Route 9P
Saratoga Springs, NY 12866


OVERVIEW

Let Saratoga Lake be your inspiration for redeveloping this 10-lot / 3.23 total acre offering in a prime shoreline location on 9P. This is a rare opportunity to transform the highly desirable east side of Saratoga Lake on the site of the Saratoga Lake Motel. An 8-unit motel, cottage and house sit on three of the lots (10, 11 and 12) totaling 1 acre. 82 Rodgers Lane (lots 15, 8, 7) is just over half an acre and connects to town sewer. 73 Hiller Ln and an additional 3 lots offer 50-ft of waterfront for the potential of two new structures. Killer sunset views and amazing lake access. Come survey the parcels and let your ideas flow for bringing new life and value to this very special setting

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$528 USD /SF

# OF ROOMS

-

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.31 AC

LAND SF

100,624 SF

ZONING

mixed

APN/PARCEL ID

415089 206.6-2-10,415089-206-006-0002-008-000-0000,415089-206-006-0002-011-000-0000,415089-206-006-0002-019-000-0000,415089-206-006-0002-020-000-0000

ASK ABOUT THIS PROPERTY

Chelsea BarracoKeller Williams Capital DistrictMore Info
518-888-4360

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Chelsea BarracoKeller Williams Capital DistrictMore Info
518-888-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.