1616 State Route 30 - Hospitality FOR SALE


Tupper Lake, NY 12986
$1,200,000 USD
518-481-7593
1616 State Route 30, Tupper Lake, NY for Sale
$1,200,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

1616 State Route 30
Tupper Lake, NY 12986


HIGHLIGHTS

  • Heated Swimming Pool
  • Basketball Court
  • Playground
  • 7 Cabins - 4 with their own fireplace
  • 260 ft on Big Tupper Lake
  • Borders Tupper Lake 18 hole Championship Golf Course

OVERVIEW

Unique Waterfront Property with Multiple Income Opportunities Located just minutes from the charming village of Tupper Lake, this exceptional 20-unit property offers both privacy and convenience, with endless possibilities for investment or personal use. Nestled on over 7 acres in the Adirondacks, this property features 19 separate buildings, including a spacious three-bedroom, two-bathroom main house, perfect for owner occupancy and contains an office right below the house if you choose to use it as business or it could be used for more space. Among the structures, you'll find a charming duplex near the center of the property that also has a great porch attached, along with several beautiful cabins (1-2 bedrooms each)with 4 of them having their own fireplaces, providing the potential for a vacation rental business, a retreat center, or even a small-scale resort that can be used four seasons. The central courtyard is home to a heated swimming pool, surrounded by a large, open yard offering plenty of space for family gatherings, games, or outdoor events. With its stunning beach frontage, a boat launch area, and direct access to Tupper Lake, outdoor enthusiasts will enjoy the serene water views making it a dream for fishers and recreational opportunities. Additionally, the property borders the renowned Tupper Lake 18-hole Championship Golf Course, making it ideal for golfers looking for a peaceful retreat while being just a short drive from town. Whether you envision a getaway destination, a long-term investment, or a private family estate, this property provides ample space and flexibility for a variety of uses. Don't miss out on this one-of-a-kind opportunity!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$80 USD /SF

# OF ROOMS

18

PRICE/ROOM

$66,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Terrace Motel & Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1945

PARKING SPACES

100

LAND DETAILS

LAND ACRES

7.22 AC

LAND SF

314,503 SF

ZONING

No zoning

APN/PARCEL ID

162089-510-000-0001-032-000-0000

ASK ABOUT THIS PROPERTY

Nicholas BoyeaRE/MAX North CountryMore Info
518-481-7593

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Nicholas BoyeaRE/MAX North CountryMore Info
518-481-7593

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