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6048 Sentinel Rd
Lake Placid, NY 12946
Prague Motor Inn · Hospitality Property For Sale · 13,338 SF
Investment Highlights
- High visibility on gateway from NYC into downtown Lake Placid
- 2.7 acres with 5 approved and adjoining building lots
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1930/2022 |
| Building Class | B | Parking Ratio | 1.27/1,000 SF |
| Lot Size | 2.54 AC | Corridor | Interior |
| Building Size | 13,338 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.54 AC |
| Building Size | 13,338 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2022 |
| Parking Ratio | 1.27/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
About 6048 Sentinel Rd , Lake Placid, NY 12946
Prague Motor Inn with 2.70 acres on a highly visible main road entering Lake Placid. Adjoins Power Pond Park with access to the Chubb River. 5 separate and adjoining building lots. Currently 13 bedroom suites in 5 buildings, many complete with kitchens. In addition to the main Prague building, a separate parcel has a 1360 sf home, third house for storage or repurpose on another separate lot and a vacant lot that all overlook the Chubb River. This level 2.7 acres is ideal for another hotel, store or restaurant. Priced below assessed value.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $561,800 | |
| Land Assessment | $465,300 | Total Assessment | $1,027,100 |
PROPERTY TAXES
zoning
| Zoning Code | 07 (MIXED) |
| 07 (MIXED) |
Learn More About Investing in Hospitality Properties
