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The Shamrock Inn of The Adirondacks 2445 US-9 Rt 12 Room Hotel Peru, NY 12972 $1,107,462 CAD ($92,288 CAD/Room)
INVESTMENT HIGHLIGHTS
- Close to Lake Champlain
- Close to Interstate 87
- Close to Montreal
- Close to AuSable River
- Close to Lake Placid
EXECUTIVE SUMMARY
Nestled in the Adirondacks just minutes from Lake Champlain & the Ausable River, this quaint Inn sits on over 15 acres! Expand business with additional cabins or campsites, build a secluded home (or 2) or enjoy the woods & privacy! The Shamrock Inn most recently underwent major renovations in 2020. The owners have built a successful business with many repeat guests by providing welcoming hospitality, focusing on attention to detail. Guests enjoy the outdoor fire pit, grill, gazebo, horseshoes, corn-hole, picnic table, and large covered patio. Private RV spot on North Side of property offers a ready site for a camper with septic, water line & electric entrance. Sale includes all existing real estate, business & furniture/furnishings in all units. Excluded are items in house, office, screen porch & gazebo. House features an open & bright living space. Quartz counters, stainless-steel appliances & custom kitchen cabinets, recessed lighting, laminate flooring, large laundry room to accommodate the flow of business. Living Room, primary bedroom & full bathroom, as well as an office space. Peaceful screen porch off the back of the house. House could easily be rented long or short-term for additional income. Southside features 4, three season cottages, 2 with kitchens. And two suites (each pair has 2 connecting rooms). Northside has 6 more units, 3 with kitchens. All units have been renovated & nicely decorated. This business is ready for you to just step into and hit the ground running. In the last 5 years, new well & 2 new septic systems, new on demand heaters in each of the south side units. Nearby attractions: Port Kent Beach, Lake Champlain, Ausable River, Ausable Chasm, Wickham Marsh Wildlife Management Area, Peru Boat Launch, 3 Golf Courses, SUNY Plattsburgh, Lake Placid, Whiteface Mountain Ski Resort, High Peaks region, hiking, fishing! Plattsburgh Airport PBG (15 mins), Burlington Airport BVT (1 Hour), Amtrak Station to Montreal & NYC (15 mins), I87 (3 miles)
Two 1,000 gallon buried propane tanks. Three 200AMP electric services, new chlorination system. Southside is heated with Kerosene hot water boiler. Northside & main house have propane hot water. Full Basement under units 7-10 for extra storage. Existing camper does not convey. Owners currently do laundry on site, but have also used a send-out laundry service in the past. Wooded acreage was selectively logged 15-20 yrs ago. All fixtures, furnishings & furniture in all units convey, except for the main house/office
Two 1,000 gallon buried propane tanks. Three 200AMP electric services, new chlorination system. Southside is heated with Kerosene hot water boiler. Northside & main house have propane hot water. Full Basement under units 7-10 for extra storage. Existing camper does not convey. Owners currently do laundry on site, but have also used a send-out laundry service in the past. Wooded acreage was selectively logged 15-20 yrs ago. All fixtures, furnishings & furniture in all units convey, except for the main house/office
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$12,189
|
$2.66
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,189
|
$2.66
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $12,189 |
| Annual Per SF | $2.66 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,189 |
| Annual Per SF | $2.66 |
PROPERTY FACTS
| Price | $1,107,462 CAD | Building Size | 4,581 SF |
| Price Per Room | $92,288 CAD | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1949/2020 |
| Property Subtype | Hotel | Parking Ratio | 3.06/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 15.10 AC |
| Price | $1,107,462 CAD |
| Price Per Room | $92,288 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 15.10 AC |
| Building Size | 4,581 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2020 |
| Parking Ratio | 3.06/1,000 SF |
| Corridor | Exterior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $231.21 CAD | - |
| Guest Room | 6 | $189.68 CAD | - |
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PROPERTY TAXES
| Parcel Number | 092200-293-000-0002-007-000-0000 | Total Assessment | $506,185 CAD |
| Land Assessment | $166,743 CAD | Annual Taxes | $12,189 CAD ($2.66 CAD/SF) |
| Improvements Assessment | $339,441 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
092200-293-000-0002-007-000-0000
Land Assessment
$166,743 CAD
Improvements Assessment
$339,441 CAD
Total Assessment
$506,185 CAD
Annual Taxes
$12,189 CAD ($2.66 CAD/SF)
Tax Year
2024
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The Shamrock Inn of The Adirondacks | 2445 US-9 Rt
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