Log In/Sign Up
Your email has been sent.
Carriage House Motor Inn 5825 Cascade Rd 20 Room Hotel Lake Placid, NY 12946 $1,700,000 ($85,000/Room)
EXECUTIVE SUMMARY
The Carriage House Motel offers a hospitality investment opportunity in the Olympic village of Lake Placid. The property has 17 Rooms and a three-bedroom, two-bath home. Located along Route 73, just minutes from Main Street and Lake Placid's shops, dining, and Olympic venues, this well-positioned property benefits from tourism driven by outdoor recreation, international sporting events, and the natural beauty of the Adirondacks. The motel features a mix of guest rooms, each with air conditioning, WiFi, and in-room conveniences such as refrigerators and cable TV, and ample on-site parking. The Carriage House Motel combines strong location appeal with a practical lodging format that caters to budget-conscious travelers, families, and groups. Proximity to major attractions such as the Olympic Jumping Complex, Mirror Lake, Whiteface Mountain, and the High Peaks Wilderness ensures consistent demand across all four seasons. This offering presents investors with the chance to own a stable, hospitality asset in one of the Northeast's most desirable mountain resort destinations!
PROPERTY FACTS
| Price | $1,700,000 | Lot Size | 1.10 AC |
| Price Per Room | $85,000 | Building Size | 8,344 SF |
| Sale Type | Investment | No. Rooms | 20 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1975/2001 |
| Building Class | C | Corridor | Exterior |
| Zoning | 05 | ||
| Price | $1,700,000 |
| Price Per Room | $85,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 8,344 SF |
| No. Rooms | 20 |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2001 |
| Corridor | Exterior |
| Zoning | 05 |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 20 | $90.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 154089-042-074-0004-011-000-0000 | Improvements Assessment | $529,200 |
| Land Assessment | $276,800 | Total Assessment | $806,000 |
PROPERTY TAXES
Parcel Number
154089-042-074-0004-011-000-0000
Land Assessment
$276,800
Improvements Assessment
$529,200
Total Assessment
$806,000
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Carriage House Motor Inn | 5825 Cascade Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.