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18835 S Shore Rd 10,488 SF Vacant Retail Building Three Mile Bay, NY 13693 $2,899,000 ($276.41/SF)
Investment Highlights
- Waterfront
- Boat dock
Executive Summary
Once in a lifetime opportunity to own one of the longest running lakeside Bar/Restaurants, Motel, Trailer Park Campgrounds around! All this on over 95 acres and approx. 400' of lakefront! Welcome to Shangri-La! But this is Shangri-La with a massive face lift!!! The current owner went to town, and everything is like new!! The restaurant is immaculate and for sure a Point Peninsula and Boaters hot spot! The original Grange Hall on the water was gutted and turned into 2 Year-Round Airbnb's and is beyond impressive! The large rental house and motel rooms have had a face lift which includes new cement board siding, new concrete covered porch and more! The white year-round Home has had lots of updates as well! New gazebo, new shoreline, new docks, you name it, this incredible property is turnkey and ready for someone to walk in and have a great business! PLUS you have all the additional acreage to expand!! Do not miss out on this one!! Call today!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,488 SF
Building Class
C
Year Built
1890
Price
$2,899,000
Price Per SF
$276.41
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Lot Size
92.00 AC
Zoning
R
Parking
50 Spaces (4.77 Spaces per 1,000 SF Leased)
Frontage
345’ on South Shore Road
Amenities
- Restaurant
- Signage
- Waterfront
- Air Conditioning
- Shower Facilities
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 224489-070-000-0001-017-000 | Improvements Assessment | $604,700 |
| Land Assessment | $108,500 | Total Assessment | $713,200 |
Property Taxes
Parcel Number
224489-070-000-0001-017-000
Land Assessment
$108,500
Improvements Assessment
$604,700
Total Assessment
$713,200
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Contact the Sale Advisor
18835 S Shore Rd