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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
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

PROPERTY TAXES

Parcel Number
522201-251-010-0003-064-000-0000
Land Assessment
$302,203
Improvements Assessment
$1,518,124
Total Assessment
$1,820,326

zoning

Zoning Code 05 - COMME (Commercial - Hospitality)
05 - COMME (Commercial - Hospitality)
  • Listing ID: 19425189

  • Date on Market: 2020-05-04

  • Last Updated:

  • Address: 1 Lake Ave, Lake George, NY 12845

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