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- LoopNet Team
1 Lake Ave
Lake George, NY 12845
Lake Haven Motel · Hospitality Property For Sale · 25,000 SF
Investment Highlights
- Rare opportunity to acquire an established Lake George hotel near to restaurants and attractions!
- Exceptionally well run and maintained motel. Great condition and ready to transition to new owner!
- Rooms only business - no food & beverage. Easy to staff...front desk, housekeeping and maintenance!
- Seasonal property that offers high returns in season and free time for its ownership in the off season.
- Efficient operation that offers ease of operation & management. Very stable business with tons of repeat customers
- Lake George has an active Chamber of Commerce & Convention Board - fast becoming a year round destination for business & tourism.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1950 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.50 AC | Parking Ratio | 1.8/1,000 SF |
| Building Size | 25,000 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 25,000 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 1.8/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
About 1 Lake Ave , Lake George, NY 12845
The Lake Haven Motel in Lake George, New York has strong financials and an impressive bottom line. The Owner has efficiently minimized costs to maximize revenue. The seasonality of the business offers ownership a busy summer and time off in the winter to refresh. Guests can relax in an inviting pool environment with a choice of guestrooms that include kings, queens, doubles and suites. Lake George has been called the Queen of American Lakes, and has been welcoming guests for 200 years. This family friendly village and town offers something for everyone!
PROPERTY TAXES
| Parcel Number | 522201-251-010-0003-064-000-0000 | Improvements Assessment | $1,067,500 |
| Land Assessment | $212,500 | Total Assessment | $1,280,000 |
PROPERTY TAXES
zoning
| Zoning Code | 05 - COMME (Commercial - Hospitality) |
| 05 - COMME (Commercial - Hospitality) |
Learn More About Investing in Hospitality Properties
