Stone Manor 7179 State Hwy 3 8 Room Hotel Cranberry Lake, NY 12927 $518,771 CAD ($64,846 CAD/Room)

Exceptional Business Opportunity in the Heart of Cranberry Lake- The Stone Manor Motel features a newly renovated building with four private beds and baths, along with a second, 4 unit building ready for renovations to add value. The remodeled building boasts new flooring, windows, headboard and bedside table sets, baseboard heaters, and a shingle roof (2023). The second building features a metal roof with no known material issues. There is also a concrete slab with 2 RV utility hookups. Amenities: New TVs in all rooms, mini fridges, tankless propane water heater Utilities: 200+ amp service (three panels: one 200+amp, one 200amp, and one 150amp), full service Generac propane generator, surplus propane storage (5 tanks), three septic tanks (all pumped recently), and one well. The restaurant building includes a clean and inviting dining area with colorful tables and chairs that comfortably seats 40, and has two bathrooms. The ice cream window has a proven history as a popular local attraction conveniently located across the street from the public boat launch. The kitchen is freshly updated with a brand new commercial dishwasher and fire suppression system (added and inspected Sept 2024). The diner also includes a walk-in freezer and standard appliances. As Cranberry Lake's only motel, this property has the potential to rule the lodging market. Summer tourists flood in for Adirondack adventures and winter snowmobilers offer the opportunity to keep rooms booked. The remodeled building generates instant revenue, while the second offers renovation potential. The diner and ice cream window are set to serve the community and earn a comfortable margin. With robust utilities, this no-competition business is a winner. Schedule a showing today!