2521 County Highway 22 - Hospitality FOR SALE


Richfield Springs, NY 13439
$2,500,000 USD
315-529-7560
2521 County Highway 22, Richfield Springs, NY for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/31
null | Request Cap Rate

2521 County Highway 22
Richfield Springs, NY 13439


HIGHLIGHTS

  • Full restaurant
  • Stage that fits up to 500 people
  • 500 feet of frontage on the lake
  • Perfect wedding venue
  • Summer concerts every weekend from mid June-a week after Labor Day

OVERVIEW

16-room hotel with a restaurant, an Outdoor stage next to the Lake that holds up to 500 people, a dock that can accommodate 50-60 boats and 500 feet of frontage on Lake Canadarago. New heating system, using Multiple Split Heat Pump Systems in Zoned areas. Air-conditioned large Kitchen, three large Parking Lots added due to increased room occupancy and increased lunch and dinner flow. New Sprinkler system on the third floor. Added a New Fire Panel with the Fire Department notified when detectors are activated.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$208 USD /SF

# OF ROOMS

16

PRICE/ROOM

$156,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Lake House

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1843

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

Commercial

APN/PARCEL ID

365689-024-020-0001-001-001-0000

ASK ABOUT THIS PROPERTY

Gene CorriganGene and Christine CorriganMore Info
315-529-7560

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Gene CorriganGene and Christine CorriganMore Info
315-529-7560

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