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Saratoga Lake Motel 1192 Route 9P 9 Room Hotel Saratoga Springs, NY 12866 $1,370,566 CAD ($152,285 CAD/Room)
EXECUTIVE SUMMARY
Let Saratoga Lake be your inspiration for redeveloping this 10-lot / 3.23 total acre offering in a prime shoreline location on 9P. This is a rare opportunity to transform the highly desirable east side of Saratoga Lake on the site of the Saratoga Lake Motel. An 8-unit motel, cottage and house sit on three of the lots (10, 11 and 12) totaling 1 acre. 82 Rodgers Lane (lots 15, 8, 7) is just over half an acre and connects to town sewer. 73 Hiller Ln and an additional 3 lots offer 50-ft of waterfront for the potential of two new structures. Killer sunset views and amazing lake access. Come survey the parcels and let your ideas flow for bringing new life and value to this very special setting
PROPERTY FACTS
| Price | $1,370,566 CAD | Building Size | 2,464 SF |
| Price Per Room | $152,285 CAD | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.31 AC | ||
| Zoning | CONF | ||
| Price | $1,370,566 CAD |
| Price Per Room | $152,285 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.31 AC |
| Building Size | 2,464 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.11/1,000 SF |
| Corridor | Interior |
| Zoning | CONF |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $449.93 CAD | - |
| Guest Room | 8 | $106.60 CAD | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $262,679 CAD | |
| Land Assessment | $112,753 CAD | Total Assessment | $375,432 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$112,753 CAD
Improvements Assessment
$262,679 CAD
Total Assessment
$375,432 CAD
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Saratoga Lake Motel | 1192 Route 9P
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