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123 S Shore Rd
Old Forge, NY 13420
Pine Knoll Motel & Cottages · Hospitality Property For Sale · 10,254 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.56 AC
Building Size 10,254 SF
No. Stories 2
Year Built/Renovated 1982/2017
Parking Ratio 2.03/1,000 SF
Corridor Exterior
Zoning CB

ABOUT 123 S SHORE RD , OLD FORGE, NY 13420

Live in a beautiful home while managing this turn key, lakefront cabin and motel business located just blocks away from the restaurants and shops in the village of Old Forge. This successful business has been managed with the utmost care. There are fourteen rooms, nine of which have lake view balconies, and three year round cabins. One cabin has two bedrooms and two have fireplaces. The home can be utilized as two separate apartments or a four bedroom home with two separate lake view living areas. Most of the units have been completely renovated and include hand-made log furniture and new beds. This property is rated #1 on Tripadvisor; Guest’s love the beautiful views, private beach, great location, decor and the spotless accommodations. This is a great opportunity to live and work in the Adirondacks! Old Forge has a terrific school system just blocks away, McCauley Mountain, the Fulton Chain of Lakes, View Arts Center and countless recreational opportunities. This business does not have employees, the owners have been able to manage it without help. Most units have been completely remodeled, others have new furnishings. Offering includes an automatic generator for entire property, a commercial washer and dryer and the contents of the cabins and motel units. This property sits adjacent to a marina for boat rentals and a waterfront park with a beach, tennis court and public boat docks. Guests can enjoy amazing views of the Fourth of July, Memorial Day and Labor Day fireworks without leaving the property!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
215400-041-051-0003-043-000-0000
Land Assessment
$261,400
Improvements Assessment
$365,600
Total Assessment
$627,000
  • Listing ID: 11022477

  • Date on Market: 12/19/2017

  • Last Updated:

  • Address: 123 S Shore Rd, Old Forge, NY 13420

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