2452 State Route 9N - Hospitality FOR SALE


Lake George, NY 12845
$5,900,000 USD
617-610-7774
2452 State Route 9N, Lake George, NY for Sale
$5,900,000 USD
Hospitality - FOR SALE
1/24
null | Request Cap Rate

2452 State Route 9N
Lake George, NY 12845


HIGHLIGHTS

  • Minutes from Lake George Village and the lake’s scenic waterfront.
  • Near to restaurants, attractions, steamships, beaches and hiking.
  • Near to restaurants, attractions, steamships, beaches and hiking.
  • Consistent seasonal demand by family vacations, group travel, and tourism.
  • Growing tourism, offering stable occupancy and revenue potential.
  • Enormous Potential to Increase Profitability with Hands On Management

OVERVIEW

Seize the opportunity to acquire the Best Western of Lake George, an 87-room interior corridor hotel located near Fort William Henry and the lake’s vibrant waterfront. Surrounded by top attractions, the property is in a consistently strong tourism market. With high visibility and year-round appeal, this well-maintained hotel offers investors a turnkey asset in the heart of the Adirondacks. Offering 87 comfortable guest rooms designed for relaxation and convenience. Room types include Standard Double, King, and Duplex Suites. Each room features a private bath, flat-screen TV, complimentary Wi-Fi, and daily housekeeping—perfect for families, couples, and business travelers alike. The inviting Breakfast Lounge at the Best Western of Lake George offers guests a warm, welcoming start to their day with a complimentary full hot American breakfast served daily. This bright and comfortable space enhances guest satisfaction and adds value to the overall stay, contributing to strong repeat business and positive reviews.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$165 USD /SF

# OF ROOMS

87

PRICE/ROOM

$67,816 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Of Lake George

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

71

LAND DETAILS

LAND ACRES

3.17 AC

LAND SF

138,085 SF

ZONING

TC-A

APN/PARCEL ID

522289 264.04-1-23.1

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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