6275 State Highway 30 - Residential Income FOR SALE


Indian Lake, NY 12842
$985,000 USD
518-222-6553
6275 State Highway 30, Indian Lake, NY for Sale
$985,000 USD
Residential Income - FOR SALE
1/87
null | Request Cap Rate

NEW


6275 State Highway 30
Indian Lake, NY 12842


HIGHLIGHTS

  • Multiple income streams under one roof- five renovated rental units, private owner accomodations and established commercial space
  • Turnkey Adk property with expansion potential- extensive renovations are complete including new plumbing/ electric.
  • Rare opportunity to live on site while the property works for you.

OVERVIEW

LIVE. WORK. PLAY. INVEST. Welcome to 6275 Route 30 Indian Lake- a completely renovated Adirondack property where craftsmanship, character, income, and lifestyle come together under one roof. Offering approximately 12,000 square feet, this one-of-a-kind property has been thoughtfully transformed with authentic Adirondack style, quality finishes, and incredible care throughout. And perhaps the best part? The owners have created their own private haven right here! You don't NEED to purchase a separate primary residence while running your business or managing your investment--it's all here. Live comfortably on-site while your property works for you, giving you the rare opportunity to truly live, work and play in the Adirondacks. In addition to the owners' space, the property features four beautifully renovated and decorated units (ALL new plumbing/ electric!!), ready for long-term rentals, STR, or a mix! Create multiple income streams while still having a place of your own to call home- or use all 5 for investment purposes! The current Axes & Irons commercial space adds another layer of flexibility. Continue operating it as its current business, reinvent the concept, or turn it into an incredible recreation and gathering space for renters--perfect for game nights, après-ski gatherings, events, or relaxing after a day outside. There's more!! There is an additional large unfinished rear space that could become the ultimate ''Riders Lounge'' a rustic, durable gathering spot where snowmobilers can warm up, meet friends, grab a bite, and head back out for another ride. With approximately 12,000 square feet to work with, you can live here, operate a business, create a four-season destination, generate rental income--or combine it all. The renovation has been done. The Adirondack character is here. The income opportunities are here. Your home is here. All that's left is deciding what you want to do with it. Whatever you choose, it's a BULL'S-EYE!! (Sims/ business separate)

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Axes and Irons

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,515 SF

ZONING

TC

APN/PARCEL ID

202600-056-019-0005-011-100-0000

ASK ABOUT THIS PROPERTY

Brooke ClarkFour Seasons Sotheby's International RealtyMore Info
518-222-6553

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Brooke ClarkFour Seasons Sotheby's International RealtyMore Info
518-222-6553

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