For Sale
$600,000

34350 State Highway 10 Walton, NY 13856

Historic motel with solid bookings & river views.

Overview

Added:
Feb 3
Days on market:
80
This exceptional 4,250 square foot motel presents a unique investment opportunity in Walton, NY. The Octagon Motel, a well-maintained and profitable establishment, boasts 10 clean, non-smoking guest rooms, an office, a kitchenette, and a convenient laundry room. Its prime location on a 5-acre lot, including some prime farmland, offers stunning views of the surrounding river valley and is conveniently situated near Walton, Hamden, and Delhi, catering to both tourists and business travelers. The motel enjoys consistent year-round bookings, providing a steady income stream. Significant cost savings are realized through the installation of solar panels on the south side of the building, effectively offsetting utility expenses. The property's infrastructure has been meticulously maintained, reflecting a commitment to quality and longevity. The nearby West Branch River provides guests with recreational opportunities such as fishing, swimming, and boating during the warmer months. This turnkey operation is ready for immediate ownership and offers significant potential for expansion. Adjacent properties, including 45 acres of farmland and a 40-acre historic Octagon Farm, are also available for purchase, presenting the possibility of developing a larger, more ambitious hospitality project, such as a boutique hotel.

Property Details for 34350 State Highway 10

Property type
Commercial real estate
Square Feet
4,250 SF
Year Built
2004
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Walton
County
Delaware
State
New York
Latitude
42.17983
Longitude
-75.01531

FAQs

What type of property is this?
Commercial real estate - Historic motel with solid bookings & river views.
Where is the commercial real estate located?
The property is located at 34350 State Highway 10 Walton, NY.
What is the asking price?
The asking price for this property is $600,000.
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34350 State Highway 10
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