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Charlie’s Inn Restaurant & Junction Campgroun 44 Junction Rd 9 Room Hotel Lake Clear, NY 12945 $4,259,700 CAD ($473,300 CAD/Room)
Investment Highlights
- A FOUR season destination and the main hub for the Adirondack Rail/Trail, Charlie's Inn is booming with business all year. From a rapidly growing bike
- Overnight accommodations include a 4-bedroom owner’s residence, guest cabin, and continued expansion of a 24-hook-up campground.
- Robust amenities such as a large pavilion, 4-stall garage, and fully equipped laundry and bath house to support visitors and operations.
- Well-established restaurant and bar complemented by multiple income streams including lodging, campground, and event facilities.
- Historic train station on-site secured with a state grant for future bike repair services and grab-and-go food offerings.
- Rapidly growing customer base fueled by seasonal activities, including snowmobiling in winter and biking during warmer months.
Executive Summary
A FOUR season destination and the main hub for the Adirondack Rail/Trail, Charlie's Inn is booming with business all year. From a rapidly growing bike trail to a main hub for winter snowmobiling. Besides the well known restaurant/bar, there are overnight accommodations, a 4-bedroom owners home, a guest cabin, 24-hook up campground that is being expanded, laundry/bath house, huge 4-stall garage, a large pavilion, AND a historic train station that has received a State grant to develop bike repair along with grab 'n go food and beverage. An amazing location with numbers growing every year.
Property Facts
| Price | $4,259,700 CAD | Building Size | 7,572 SF |
| Price Per Room | $473,300 CAD | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 2.38/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 6.63 AC | ||
| Zoning | 02 - SINGL | ||
| Price | $4,259,700 CAD |
| Price Per Room | $473,300 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 6.63 AC |
| Building Size | 7,572 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 2.38/1,000 SF |
| Corridor | Interior |
| Zoning | 02 - SINGL |
Amenities
- Restaurant
- On-Site Bar
- Public Access Wifi
- Ski (direct access)
- Fiber Optic Internet
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $205.89 CAD | - |
| Guest Room | 7 | $115.01 CAD | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $635,121 CAD | |
| Land Assessment | $144,404 CAD | Total Assessment | $779,525 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$144,404 CAD
Improvements Assessment
$635,121 CAD
Total Assessment
$779,525 CAD
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Charlie’s Inn Restaurant & Junction Campgroun | 44 Junction Rd
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