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#4129

Hotel, Restaurant and Bar with Real Estate

$649,000
Hotel, Restaurant and Bar with Real Estate
This Listing is Expired

Beautiful restored 1854 historic Hotel, bar and restaurant. This is a tremendous Business opportunity for any savvy individual who wants a true adventure in the Restaurant, Bar, and Hotel Industry. Excellent wine and food selections. Parking for 25+ cars. Property is located on a heavily traveled business/recreational route. All financials The Hotel has 19 Rooms at Present.

Positioned at the Foothills of the Adirondacks, this hotel and restaurant are just a few miles from the Great Sacandaga Lake and the beautiful Adirondack Park. Traveling to these exciting destinations becomes complete with a visit to the beautiful "step back in time" hotel experience this business offers. This is truly a unique opportunity. 

The guests come from all over the country to experience the wonderful service and old fashion country living this hotel offers. The restaurant serves great food and drink too!  They also enjoy the friendship of the regulars Who Gather Here time after time to enjoy the warm feeling this historic hotel and restaurant give. The hotel is a local and national treasure and deserves to be preserved and shared with all who are interested.

There are 2.1 Acres with 18,092 Sq. Ft. of building including 6,700 Restaurant and bar. The building is contructed of brick and steel and is Hanicap accessible. The property is zoned Commercial 7. 

 

MENU: The menu is generally American comfort food that includes Burgers, Pizza, goumet sandwiches, wraps and salads. 

This is a This is a Metro World Properties Company Listing listing.
Broker John Fisher

Lease

Region:

Lease Term:
Real Estate For Sale

Financials

Last Year's Annual Gross:
$209,000

Operations

Hours Open:
Wed 4-close, Thurs 4-close, Fri and Sat 11am to close, Sunday 11am - 6pm, Closed Mon and Tues
Year Established:
1854

Facilities

Inside Sq. Ft.:
18,092

Highlights

  • Taxes are $5242
  • Built in 1854!
  • American Style Restaurant & Bar
  • 19 Rooms Restored

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 4,982
Households 5-mi
2010 Number Of Households 2,210
2010 Persons Per Household 2.48
Median House Value $144,300
Income Per Household $56,938
Businesses 5-mi
2009 Number Of Businesses 93
2012 Number Of Employees 822
2012 Total Annual Payroll $11,462,000

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