GLEBUS REAL ESTATE
In The Adirondacks

 

The Hermitage Motel in Schroon Lake

Well Established Popular Motel

Was $300,00-Now $135,000!!! Super Buy!

 8 Units Plus 4 Year-Round Efficiency Units

Sale Price Reduced $135,000
Owner Financing None
Assumable Mortgage   No
How Long Established 40 Years
Under Current Owner 5 Years
Town Schroon Lake
Motel Units 8 of which 2 remodeled
Efficiency Units 4
Office/Living Qtrs Kitchen Liv- Rm
Pool In-Ground
Heat 10 Monitors 2 Without
Baths 12-All Rooms
Gross Sales $30,000+
Room Rates $55 to $75 Per Night
Garage Yes
Acreage 1 Acre
Water Supply Town
Septic 2/3 Systems
Total Taxes $3,000
Listing No. G-24

 

Special Features:    The Hermitage Motel is an established business for over 40 years on Route 9 in the popular resort town of Schroon Lake, 8 Motel units all with new Monitor heaters,  2 completely remodeled rooms, all new TVs, plus 4 efficiency units with kitchens , 2 have been remodeled, if desired one can rent the units & efficiencies all year round if  desired or just the  4 efficiencies. in-ground pool, playground area, office with living quarters, coin operated laundry, 2 car garage with loft area overhead, circular drive, new wiring, all insulated for year round operation , metal roofs, new decking, 1 mile to Schroon Lake boat launch and public beach area,  near major snow mobile trails throughout the town of Schroon. Located on Route  9 just off  Exit 28 of  I-87. Just 40 minutes from Lake Placid site of the 1980 Winter Olympics, 30 minutes to Gore Mt. Ski Center, 45 minutes to Saratoga Raceway and the Performing Arts Center, 1/2 mile to Marina on Schroon Lake and town beach and boat launch. 

  

In-ground Pool

2 Car Garage with Loft Area Overhead-8 Motel Units

 

In-Ground Pool

Picnic & Playground Area

Office & Living Quarters

Upgraded Motel Units

 

Circular Drive

Refrigerator & Microwave in Room

4 Efficiency Units

 

New Bathroom

 

 

Nice Dining & Kitchen Area

 

New Monitor Heaters in Motel Units

Spacious Efficiency Units

Located on Route 9 just before the Center of Town

Lot 1 of Tax Map-207 Rd Ft on Route 9-Schroon Lake

 


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Listing Agent: Gary P. Glebus
Broker:           Gary P. Glebus
Ph:                   (518) 532-7191
E-Mail:    GlebusRlty@aol.com

 

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GLEBUS REAL ESTATE
P. O. Box 152
Schroon Lake, NY 12870

Phone (518) 532 - 7191
Fax     (518) 532 - 7579
glebusrlty@aol.com

Copyright © 2001 [Glebus Realty, Inc.]. All rights reserved.