34350 State Highway 10 Hamden NY 13856 MLS #R1522954

34350 State Highway 10
Hamden, NY, 13856
$600,000
Beds
0 Baths
4,250 SqFt
5 Acres
The Octagon Motel is a classic American motor inn, and one of the only traditional lodging options for many miles. This well-maintained motor inn has solid bookings year-round. Situated in a beautiful river valley, there are gorgeous vistas in all directions. Close to the towns of Walton, Hamden, and Delhi, this location serves tourists and working professionals alike. This motel is truly turnkey as there is already a steady income stream. The adjacent 45 acre farmland, and 40 acre historic Octagon Farm are also for sale, and would provide the infrastructure and space for an even more ambitious project. One could easily imagine the whole farm becoming a boutique hotel. There are 10 clean non-smoking rooms, an office, kitchenette, and laundry room. The solar panels on the south side offset your utility costs significantly. No expense has been spared on the infrastructure. The 5 acre lot includes some prime farmland that could host additional motel features. The West Branch River is a short walk from the motel, giving guests a place to fish, swim, and boat during the summer months.

Property Details

Price:
$600,000
MLS #:
R1522954
Status:
Active
Beds:
0
Baths:
0
Address:
34350 State Highway 10
Type:
Commercial
City:
Hamden
Listed Date:
Feb 26, 2024
State:
NY
Finished Sq Ft:
4,250
ZIP:
13856
Lot Size:
5 acres
Year Built:
2004
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34350 State Highway 10
Hamden, NY

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Schools

School District:
Walton

Interior

Heating
Electric, Baseboard

Exterior

Parking Spots
15
Roof
Asphalt

Financial

Buyer Agent Compensation
2.5%
Taxes
$5,704

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