Listed by Coldwell Banker Commercial Whitbeck
$1,150,000
The Tupper Lake Crossroads Hotel Project
Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 29,448
Acreage 1.180
Hospitality
Marketing description
The Tupper Lake Crossroads Hotel project is a proposed, shovel ready, 44-room ''Classic Adirondack'' boutique hotel with a planned bar and restaurant, meeting room, fitness area and associated amenities on an approximately 1-acre plot of land located in the heart of the Adirondack Park. Situated along NYS Routes 3 & 30, the location offers key exposure for those traveling through the Adirondack Park from North, South, East and West. The hotel will serve as an important amenity to the growing tourism industry, and fill the need for additional hospitality services. The project is approved and ready for construction, with the additional possibility of public funding assistance. A complete set of plans is available to serious inquiries.
Listing Contacts
Listed by Coldwell Banker Commercial Whitbeck
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
