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Route 8 & I-87 - Interstate Exit Near Lake George 30 Acres of Residential Land Offered at $2,400,000 in Chestertown, NY 12817
Investment Highlights
- Located directly at Interstate Exit!! almost flat with sandy soil. Near regional public school and a Stewart's Shop. Electric power at site.
- ***Price Reduction - FIRST EVER
- Traffic volume is millions of vehicles per year. Surveys complete!
Executive Summary
30 ACRES, IMMEDIATELY ADJACENT TO I-87 [Adirondack Northway] EXIT, 1900' frontage along Interstate, one mile visibility, mostly flat, sandy soils, surveys complete, soil tests completed, 2300 feet of frontage on major trout stream. [The blue shaded area is correct] Adirondack Park "Hamlet" designation permits high intensity commercial use. with no density limitations. The remainder of the property is zoned as "Moderate Intensity" - requiring 1.3 acres per principal structures. Same owner since 1967. DEVELOPER MAY SUBDIVIDE and NEW OWNER MAY SUBDIVIDE. Believed to be last undeveloped, commercially zoned property at an Interstate Exit between Lake George and Plattsburgh. Perfect for hotel(s), restaurant, outdoor recreation retail center, travel center, condos, vacation units. Listing agent is president and majority stockholder of corporate owner. All deed restrictions against sale of petroleum products have expired!! MOTIVATED SELLER - ready to negotiate price and all terms. PLEASE SEE DETAILED BROCHURE UNDER "DOCUMENTS" ON THIS SITE.
A NEW IDEA!! A wonderful location for a corporate office. High visibility in the southern Adirondacks. Near many lakes, ponds and streams. Clean, fresh air, recreation, schools, shopping. A GREAT PLACE TO LIVE AND WORK!!! Residential opportunities for your staff in many area communities.
At intersection of Adirondack Northway [I-87] and State Route 8, between Albany, New York and Montreal, Canada. Near LAKE GEORGE and LAKE PLACID, NY. Highly visible adjacent to Stewart's Shops Convenience store, 1/4 mile to modern regional school complex. Current traffic volume is millions of vehicles per year, mostly long distance travelers.
High visibility, wonderful opportunity for a major single project or build hotel/motel/restaurant/travel center and/or boat and RV Storage business, or temperature controlled indoor storage, or other retail. Corporate owner will consider stock sale.. Owner financing considered. Motivated seller.
A NEW IDEA!! A wonderful location for a corporate office. High visibility in the southern Adirondacks. Near many lakes, ponds and streams. Clean, fresh air, recreation, schools, shopping. A GREAT PLACE TO LIVE AND WORK!!! Residential opportunities for your staff in many area communities.
At intersection of Adirondack Northway [I-87] and State Route 8, between Albany, New York and Montreal, Canada. Near LAKE GEORGE and LAKE PLACID, NY. Highly visible adjacent to Stewart's Shops Convenience store, 1/4 mile to modern regional school complex. Current traffic volume is millions of vehicles per year, mostly long distance travelers.
High visibility, wonderful opportunity for a major single project or build hotel/motel/restaurant/travel center and/or boat and RV Storage business, or temperature controlled indoor storage, or other retail. Corporate owner will consider stock sale.. Owner financing considered. Motivated seller.
Property Facts
1 Lot Available
Lot 4 parcels
| Price | $2,400,000 | Lot Size | 30.00 AC |
| Price Per AC | $80,000.00 |
| Price | $2,400,000 |
| Price Per AC | $80,000.00 |
| Lot Size | 30.00 AC |
30 acres located immediately at Interstate Exit. 1900 foot frontage along Interstate. 2300 foot frontage on major trout stream. Electric power at site. The zoning is mostly "Hamlet", which has no density restrictions. Soil tests completed.
Description
Vacant parcel with 1900' frontage along Interstate. Directly at exit! Sandy soils. Test pits have been finished and recorded. Surveys included. An ideal location for any businesses that serve the traveling public. Best use is as a travel center - with a restaurant and a hotel. A possible location for Adirondack vacation condos, self-storage [various modes]. PERHAPS an "Adirondack" style second home project.
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Property Taxes
| Parcel Number | 522400-104-000-0001-004-000-0000 | Improvements Assessment | $0 |
| Land Assessment | $101,300 | Total Assessment | $101,300 |
Property Taxes
Parcel Number
522400-104-000-0001-004-000-0000
Land Assessment
$101,300
Improvements Assessment
$0
Total Assessment
$101,300
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Route 8 & I-87 - Interstate Exit Near Lake George
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