224 N Shore Rd - Hospitality FOR SALE


Hadley, NY 12835
$3,600,000 USD
518-332-0218
224 N Shore Rd, Hadley, NY for Sale
$3,600,000 USD
Hospitality - FOR SALE
1/33
null | Request Cap Rate

224 N Shore Rd
Hadley, NY 12835


HIGHLIGHTS

  • 7 Dwellings on 3.74 Acres
  • 564' of Lakefront, Mostly Sandy Beach!
  • Located Just 10 Min from Northville Village

OVERVIEW

Prime lakeside property with 6 cabins plus a main house with 564' of shoreline on the Great Sacandaga in Upstate NY. Six cabins plus a main house with 564' of shoreline on the Great Sacandaga, most of which is sandy beach! Idyllic Adirondack setting makes for a perfect family compound or investment opportunity. Each cabin has at least 2 bedrooms and a full bath and a porch or deck facing the water. Interiors not pictured are very similar to the interior of the Cayuga cabin. The Mohican and the Iroquois are the two larger cabins. Beautifully wooded property with a gradual slope down to the water. Located just 10 minutes from the Village of Northville shopping, restaurants etc. The lake permit is a commercial permit which allows for greater dock space than a standard residential permit. In addtion to the cabins there is an office building near N Shore Rd and a storage shed. One well (160' deep) with a 2 year old pump supplies water for all of the cabins and includes a chlorine treatment system. The water supply lines to the cabins are approx 5 years old. Each cabin has a seperate septic and electrical meter. Square footage is approximate and represents all 7 cabins. Seller has rented the 5 smaller cabins for July and August as a hobby business, bringing in $50-$60k annually. ADDITIONAL LISTING - The six cabins are also listed seperate from the main house for $2,500,000 on 2.92 acres.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$800 USD /SF

# OF ROOMS

7

PRICE/ROOM

$514,286 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great Sacandaga Pines Rental Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

14

LAND DETAILS

LAND ACRES

3.72 AC

LAND SF

162,245 SF

ZONING

Commercial

APN/PARCEL ID

413000 68.17-2-62.1

ASK ABOUT THIS PROPERTY

Christian KluegHoward Hanna Real Estate ServicesMore Info
518-332-0218

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Christian KluegHoward Hanna Real Estate ServicesMore Info
518-332-0218

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