Adirondack Country Homes Realty Inc.
PO Box 488, 1098 US Route 9
Schroon Lake, New York 12870
518-532-7900

 

 

 

Inventory CO0226 - RENTED

Solid Branding & Name Recognition

Drakes Restaurant For sale

"Drakes Restaurant & Motel"

Solid Revenue Performance and Great Location

Well-known historic restaurant and motel offered in excellent turnkey condition. Solid branding and name recognition with continuous operation for almost 70 years and loyal clientelle. Recently updated kitchen with state of the art equipment. Fully automated and integrated POS system with touch screen technology. Solid revenue performance and great location with frontage on US Route 9 and less than 1 mile from Interstate. Currently open Memorial Day to Columbus Day, but can easily become a year-round operation. Close to snowmobile trails and acreage behind motel for possible expansion

Amenities includes:   Lot size: 2.62+/- (two lots), 5,500 s/f, built in 1940/49, town water & private septic, 2 attach garages, all furnishings & equipment included, mixed wall treatments (knotty pine, panel, sheetrock), mixed flooring (laminate, wood, vinyl), oil hot air heat (restaurant) and electric heat (motel), metal and shingle roofing (new), wood siding, paved parking, standing signage. Leasing options available (inquire).

Offered at $595,000 USD  REDUCED  $575,000

Owner Financing Available (inquire)

Virtual Tour (click here)

Contact your ACHR Agent for more details. 

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