2999 State Route 8 - Hospitality FOR SALE


North Creek, NY 12853
$998,000 USD
518-281-6808
2999 State Route 8, North Creek, NY for Sale
$998,000 USD
Hospitality - FOR SALE
1/41
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2999 State Route 8
North Creek, NY 12853


OVERVIEW

Welcome to one of North Creek's most iconic destinations—the legendary Black Lodge & Restaurant, paired with a fully operating 25-unit motel, perfectly positioned just minutes from Gore Mountain Ski Resort and the heart of Adirondack adventure. Modeled after a classic New England pub, the restaurant is a longtime favorite of locals, skiers, and seasonal visitors alike. Inside, you'll find a full-service bar, seating for 58 guests, and a striking stone fireplace that anchors the space and creates an unforgettable lodge atmosphere. With strong community roots and proven appeal, this dining destination is poised to continue thriving. The adjoining motel is currently open and in full operation, offering 25 units, including efficiency-style accommodations—ideal for weekend travelers, ski traffic, and year-round tourism. Recent upgrades include a new LP gas heating system along with numerous additional improvements, ensuring efficiency and comfort for both owners and guests. This is a true turnkey hospitality operation with multiple income streams, established reputation, and exceptional location at the doorstep of one of New York's premier four-season resorts. Restaurant. Motel. Mountain traffic. Proven performance. An outstanding opportunity to own a destination property in the heart of the Adirondacks—ready for its next successful chapter. List of addtl completed improvements: • Installed two washers and two dryers • Added a new pool table for guests • Brought 24 rooms into rentable condition (with one additional room reserved for staff use during snowstorms) • Fully opened the kitchen and bar • Installed new insulation in the keg room • Completed general clean-up and deep cleaning throughout the property • Nearly all January and February weekends have been fully booked Lodge revenue has exceeded $101,000 so far this year, and the restaurant — which opened in January — has already generated over $22,000. Total gross revenue is over $123,000 so far this year. Current owner may also have a ski club group booking at the end of March, and in September a group is planning to stay while attending a wedding on September 17–18. Seller financing available.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$102 USD /SF

# OF ROOMS

26

PRICE/ROOM

$38,385 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Mountain Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1980

PARKING SPACES

50

LAND DETAILS

LAND ACRES

9.8 AC

LAND SF

426,888 SF

ZONING

COM

APN/PARCEL ID

523000-117-000-0001-021-000-0000

ASK ABOUT THIS PROPERTY

Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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Scott VarleyThe Scott Varley Team / Keller WilliamsMore Info
518-281-6808

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