$825,000
$900,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
24,610 SqFt
SOLD DATE : 04/22/2024
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 24,610 sqft
Price per Sqft $33
MLS Listing ID R1523295
Sold Date 04/22/24
Construction Status Existing
HOA Y/N No
Year Built 1985
Annual Tax Amount $19,237
Lot Size 4.500 Acres
Acres 4.5
Lot Dimensions 430X515
Property Sub-Type Business
Property Description
Unique opportunity to purchase established vacation hotel. Located across the street from vacation hotspot Chautauqua Lake and near the world famous Chautauqua Institution, this 50+ bedroom hotel has been offering well-appointed accommodations for four generations. Hotel features several special amenities including indoor pool, exercise room, breakfast area, lakeview balconies, and an 18-hole miniature golf course. Some rooms feature private lakeview balconies with other rooms having access to shared balcony. Marina next door offers convenient boat and jet-ski rentals. Business and all furnishings and equipment included for turn-key transfer.
Location
State NY
County Chautauqua
Area Mayville-Village-062801
Zoning 415
Direction Take 394 into Mayville Property will be on you left.
Body of Water Chautauqua Lake
Rooms
Basement None
Interior
Heating Electric, Gas, Individual, Zoned, Baseboard
Cooling 1 Unit, Zoned, Central Air
Flooring Linoleum, Vinyl, Carpet
Fireplace No
Exterior
Utilities Available Sewer Connected, Water Connected
Waterfront Description Lake
View Y/N Yes
View Water
Roof Type Membrane,Rubber,Shingle
Present Use Hotel/Motel
Total Parking Spaces 64
Building
Lot Description Irregular Lot
Building Description Frame, Janitorial Service,Office,Phone System,Public Restrooms,Roof Sign
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Construction Status Existing
Schools
Elementary Schools Chautauqua Lake Elementary
Middle Schools Chautauqua Lake Middle
High Schools Chautauqua Lake High
School District Chautauqua Lake
Others
Tax ID 062801-262-020-0001-010-000
Security Features Intercom
Acceptable Financing Cash, Land Contract
Listing Terms Cash, Land Contract
Financing Other,See Remarks
Special Listing Condition Standard
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Bought with Howard Hanna Holt - Fredonia
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Staff / Co-Owner | License ID: 10401385142