Improved Commercial Land for Sale in Wilmington, New York
788 Springfield Rd Wilmington, NY 12997
11 GUESTROOM MOTORLODGE & PUB a Hidden Gem in the Adirondack High Peaks. This Quintessential ADK CHALET property is in Wilmington, NY, 2 mi to Whiteface Olympic Ski Center & 11 mi to Lake Placid! Additionally, local area boasts: world-class fly-fishing; numerous trail heads for hiking, snowmobiling, & mountain biking (deemed the Mtn Bike Mecca of northern NY); secret (& not so secret) swimming holes; & music fests; etc. Whether looking for an established turn-key business OR to convert into a Private Home, there are many options to explore. Multiple upgrades complete in past 5 yrs and the property is now turn-key ready with a 68+ seat Pub featuring stone floors, wood-burning fireplace, & small stage for live music. Lodge Guests share 3 common areas w/ leather couches, stone wood-burning fireplace, dining area & game room. Upgrades include metal roof, grease trap, windows, stone facade, flooring, beds, commercial kitchen (flooring & equipment), bar build-out, deck/steps, landscaping, parking lot!
Directions
From Lake Placid, take Route 86 to Wilmington, take a right on Fox Farm Road, follow to the end, take a left and quick right into driveway
Location
- Street Address
- 788 Springfield Rd
- County
- Essex County
- School District
- Lake Placid
- Elevation
- 1,086 feet
Property details
- Zoning
- Mixed
- MLS Number
- ACVMLS 201148
- Date Posted
Property taxes
- Recent
- $16,398
Parcels
- 26.3-1-16.111
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Hotel-Motel
- Franchise
- Engel & Volkers
Exterior
- Parking Spots
- 30
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 14, 2024 | Price drop | $1,599,000 | $100,000 -5.9% | ACVMLS |
| Sept 11, 2024 | Price drop | $1,699,000 | $50,000 -2.9% | ACVMLS |
| May 9, 2024 | Price drop | $1,749,000 | $238,000 -12% | ACVMLS |
| Mar 13, 2024 | Price drop | $1,987,000 | $209,700 -9.5% | ACVMLS |
| Jan 18, 2024 | New listing | $2,196,700 | — | ACVMLS |