Stone Manor Motel

$375,000

7179 State Rte 3 Cranberry Lake, NY 12927

To navigate the horizontal menu, use the arrow keys. For VoiceOver on iOS, swipe left or right with one finger.

About this listing

Exceptional Business Opportunity in the Heart of Cranberry Lake- The Stone Manor Motel features a newly renovated building with four private beds and baths, along with a second, 4 unit building ready for renovations to add value. The remodeled building boasts new flooring, windows, headboard and bedside table sets, baseboard heaters, and a shingle roof (2023). The second building features a metal roof with no known material issues. There is also a concrete slab with 2 RV utility hookups. Amenities: New TVs in all rooms, mini fridges, tankless propane water heater Utilities: 200+ amp service (three panels: one 200+amp, one 200amp, and one 150amp), full service Generac propane generator, surplus propane storage (5 tanks), three septic tanks (all pumped recently), and one well. The restaurant building includes a clean and inviting dining area with colorful tables and chairs that comfortably seats 40, and has two bathrooms. The ice cream window has a proven history as a popular local attraction conveniently located across the street from the public boat launch. The kitchen is freshly updated with a brand new commercial dishwasher and fire suppression system (added and inspected Sept 2024). The diner also includes a walk-in freezer and standard appliances. As Cranberry Lake's only motel, this property has the potential to rule the lodging market. Summer tourists flood in for Adirondack adventures and winter snowmobilers offer the opportunity to keep rooms booked. The remodeled building generates instant revenue, while the second offers renovation potential. The diner and ice cream window are set to serve the community and earn a comfortable margin. With robust utilities, this no-competition business is a winner. Schedule a showing today!

  • Building Size

    3,200 sqft

  • Lot Area

    1.1 acres

  • Year Built

    1953

  • MLS ID

    205103, 51554

DESCRIPTION

  • • Annual Tax: $ 5495.85
  • • Exterior: Sprinkler System
  • • Heating Type: Baseboard
  • • Heating Fuel Type: Propane
  • • Exterior Description: Vinyl Siding
  • • Views: Water
  • • Lot Description: Level
  • • Area Amenities: Area Hiking
  • • General: Ceiling Fan(s)
  • • Lot Size: 1-2 Acres
  • • Age: Over 50 Years Old
  • • Body Of Water: Lake
  • • Flooring: Mixed
  • • Roof: Asphalt Shingle Roof
  • • Road Type: State Road
  • • Special Market: Hospitality
  • • Sewer: Septic
  • • Water: Well
  • • Cooling: Window A/C
  • • Kitchen Features: Kitchen Facilities

Map



Cecilia Ghose

Cecilia Ghose

License #: 10401379822
Coldwell Banker Commercial Whitbeck
Plattsburgh, NY

REQUEST INFORMATION

Yes, I would like more information from Coldwell Banker Commercial ("CBC"). Please use and/or share my information with a CBC agent to contact me about my real estate needs.

By clicking REQUEST INFORMATION, I agree that this automatically creates an account, and a CBC agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number.
I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.