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12508 State Highway 37
Waddington, NY 13694
Riverview Of Waddington Motel · Hospitality Property For Sale · 4,560 SF

INVESTMENT HIGHLIGHTS

  • Located on the St Lawrence River, this location is a hot spot for hunters, fishers, and adventurers near and far.
  • 12 motel rooms, 7 cabins of various sizes, and a 5 room owner suite.
  • Exclusive access to a 40 acre lake, with permission to add more docks if desired.
  • All of the appliances and necessities to open an on location bar and grill.
  • Motor boat and canoe rentals on location.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 10.80 AC
Building Size 4,560 SF
No. Stories 1
Year Built 1983
Parking Ratio 6.58/1,000 SF
Corridor Exterior
Zoning C - 415 - MOTEL/210 - FAM RES

AMENITIES

  • Restaurant
  • On-Site Retail
  • On-Site Bar
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 12508 STATE HIGHWAY 37 , WADDINGTON, NY 13694

(***MORE PHOTOS TO COME! - Upon arriving to take interior photos, I learned that the motel had been at FULL OCCUPANCY!!) Opportunities like this are few and far between - a full-blown, well established, operation with SO MUCH room for expansion! This is currently a family owned and operated business, specializing in hospitality.? Here we have a 12 unit motel, with 7 separate cabins, on a 10.8 acre lot.? Throughout the years, the property has been very well maintained, and many upgrades have been made throughout.? There is potential to comfortably accommodate ~50 guests at once (if not more!!).? Each motel room comes equipped with a refrigerator, cable television, a/c, and en-suite facilities.? Three of the rooms are "efficiency rooms" where long-term guests will have access to their own kitchenette.? There are a total of 4 - 1 bed/1 bath cabins, and 2 - 2 bed/1 bath cabins and a single 2 bed/2 bath cabin.? Inside all of the cabins, you will find cable TV and a/c, a living area, and full size kitchens where guests have access to plates, silverware, etc.? The owner's 5 bedroom suite, is located directly in the middle of the motel and allows direct access to the main office where customers can check in for their stay.? The suite has 1 full bathroom, a living area, full kitchen, office area, and a basement where there are multiple washer and dryers to wash the linens.? This is a full basement under the owner's suite, with a crawl space that spans the entire length of the motel allowing easy access for repairs to be made if necessary.? Just outside the motel, is a detached garage, where rental canoes and motor boats can easily be stored for winter.? Not only is there a public boat dock right down the road, but there is water access right across the street from the motel, too! This is where you will find the only commercial dock from Madrid to Ogdensburg.? Beyond the large 2 bedroom cabin is a beautiful 40 acre lake where the current owners have already built 1 dock and have gotten written permission to build many more.? Would you believe me if I told you there's more!? On the opposite side of the lot, with a separate area for parking is the tackle shop and former bar/restaurant.? The tackle shop operates every year, and is a big hit - especially when Bassmasters makes their annual stop at the St Lawrence River! This river is home to many types of fish, and has been referred to as the "Carp Capital of the World". The restaurant and bar have not operated since the current owners purchased the business, but all of the kitchen equipment is present and conveys with the sale - grills, fridges, bar, tables, etc. Riverview Motel provides both comfort and convenience at the end of a long day for both new and regular customers. The owners continue to make repairs throughout and take pride in the excellent service they provide to guests. ANY AND ALL OFFERS WILL BE CONSIDERED!! Sellers are highly motivated!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
408289-013-004-0001-010-001-0000
Land Assessment
$13,100
Improvements Assessment
$242,900
Total Assessment
$256,000
  • Listing ID: 23144080

  • Date on Market: 5/20/2021

  • Last Updated:

  • Address: 12508 State Highway 37, Waddington, NY 13694

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