$3,000,000 SALE
5,045 SF
43,44,47 Junction Road
Lake Clear, NY 12945 Charlie's Inn

Charlie's Inn Complex, situated in the Lake Clear Train Junction created in 1891, is best poised to take advantage of the Adirondack Rails to Trails project (RTT). Located smack in the crossroads of the Adirondack Scenic Railroad bed & other trails, with its ownership of the Train Depot bldg and abundant adjacent parking; winter snowmobile patron revenue TRIPLED last winter. This is indicative of the economic impact of the RTT project in the WINTER MONTHS ONLY. Even before the final railroad bed surfacing, bike and hiking traffic HAS ALREADY INCREASED. Upward revenue trajectory for all seasons based upon full completion, is not all that speculative. Furthermore, this restaurant/bar/hotel/cottage/SF home/depot station/RV park complex is an established enterprise—Charlie's Inn as it is now known, started in 1963. The main building has operated as an inn since its construction over 130 years ago. A very impressive track record. SEE DOCS above for specs on 7 structures & more features. 4 tax parcels & 2 deeds. Spectrum fiber optic internet. Proof of Funds and/or Mtg Approval & tour of the complex before financials released. Either listing agent must accompany. 48 hr notice. Best days Mon & Tues. Much info on newyorksnowmobiling.com. The RTT final grade from Lk Placid is not yet finished, however, most of the trail is bikable NOW, from Saranac Lk to beyond the Inn. The entire 34+ mile RTT bed has been in full winter use. W/ rails & ties removed, sleds can now safely drive in lower snow conditions. Note: RTT Connection with the C7 Corridor bed continues to the Canadian border!

Property Type Hospitality
Property Use Use in a Business
Year Built 1891
Zoning Commercial
Tax Year 2022
Listing ID 4VLJQQ
MLS ID 177093
Style Hosp. Hotel/Motel
Building Size 5,045 SF
Lot Size 8.8 AC
Taxes $13,012
Area Description

Directions: From Malone: Rte 30 South 39 miles. From Tupper Lk: Rte 3 to Rte 30 North, 20 miles total. From Saranac Lk: Rte 86 to Rte 186 to Rte 30 North, total 9 miles. Charlie's Inn sign on Rte 30. Deed above is for the Inn and 2 other lots. House is separate deed. NOTE: Error w/ aerial tax map overlay shows parcel #14 incorrectly, rear line should be flush with the adjacent lots like non-aerial tax map.

Property Features
Parking Places: 66
Pre-Wiring: Security System, Cable
Sewer: Septic
General: Laundry Facilities, Smoke Detector, Wheel Chair Accessible, Security System
Zoning: Commercial
Lot Size: 5-10 Acres
Cooling: Central A/C
Water: Well
Age: Over 50 Years Old
Exterior Description: Other
Road Type: City / Town Street
Lot Description: Level
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