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Saratoga Lake Motel 1192 Route 9P 9 Room Hotel Saratoga Springs, NY 12866 $1,200,000 ($133,333/Room)

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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 $1,200,000
Price Per Room $133,333
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 $325.00 -
Guest Room 8 $77.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 415089-206-006-0002-011-000-0000
  • 415089 206.6-2-10
Land Assessment
$82,200
Improvements Assessment
$191,500
Total Assessment
$273,700
  • Listing ID: 33617869

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 1192 Route 9P, Saratoga Springs, NY 12866

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