For Sale
$1,150,000

129 Park St Tupper Lake, NY 12986

Shovel-ready 44-room hotel in Tupper Lake, NY

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully approved, shovel-ready plan for a 44-room boutique hotel in the heart of the Adirondack Park, Tupper Lake, NY. Located on a 1.18-acre lot at 129 Park St, this prime location boasts high visibility along NY Routes 3 & 30, ensuring significant exposure to tourists traveling through the Adirondack region. The proposed "Classic Adirondack" style hotel will feature a bar and restaurant, a meeting room, and a fitness area, catering to the growing tourism industry and addressing the current need for additional hospitality services in the area. The project's total square footage is 29,448 square feet, and it's designed to provide a much-needed amenity for visitors. The project has already secured necessary approvals and is poised for immediate construction. Furthermore, there's potential for public funding assistance to further enhance the project's financial viability. Detailed plans are available upon request for serious buyers. This is a unique chance to capitalize on the thriving Adirondack tourism market and establish a significant presence in this desirable location. The asking price for this exceptional development opportunity is $1,150,000. Don't miss this chance to own a piece of the Adirondack experience.

Highlights

  • $1,150,000 asking price.
  • Hospitality property with land, totaling 29,448 square feet on a 1.18-acre lot.
  • Proposed 44-room boutique hotel in Tupper Lake, NY, at 129 Park St, 12986.
  • Shovel-ready project with approved plans, including bar, restaurant, meeting room, and fitness area.
  • Prime location on NY Routes 3 & 30, offering high visibility within the Adirondack Park.

Property Details for 129 Park St

Property type
Land, Hospitality properties
Square Feet
29,448 SF
Lot Size (sq. ft)
51,401 SF

Location Insight

City
Tupper Lake
County
Franklin
State
New York
Latitude
44.224178
Longitude
-74.464026

FAQs

What type of property is this?
Land - Shovel-ready 44-room hotel in Tupper Lake, NY
Where is the land located?
The property is located at 129 Park St Tupper Lake, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: $1,150,000 asking price.; Hospitality property with land, totaling 29,448 square feet on a 1.18-acre lot.; Proposed 44-room boutique hotel in Tupper Lake, NY, at 129 Park St, 12986.
How can I contact the broker?
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129 Park St
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