148 State Route 28 Inlet NY 13360 MLS #S1474169

148 State Route 28
Inlet, NY, 13360
$3,420,000
Beds
0 Baths
4,442 SqFt
3.7 Acres
The Woods Inn was just featured in Travel and Leisure Magazine as one of the best places to stay and eat in the Adirondacks. There are 4 new townhomes and two other rental units plus workout area in the newly built Casino behind the hotel. The current owners have permission to build 6 more units on the property as well as utilizing the Town Sewer for the hotel and new units. They added a heated, covered pavilion for weddings and parties. In total there are 30 rental facilities, 27 of which are year round. There are panoramic sunsets from the 4 season enclosed porch, the covered porch and many of the rooms. They have a conference building, a 2 bedroom rental cottage, 3 Adirondack glamping tents, 24 rooms with private baths, and in the summer a dockside cafe with dock seating. The Tavern on the lower level seats 36 with a rating to 65 and there is a game room and much more. With 300′ of shoreline and well over 3 acres, right in the heart of town, there is potential for more growth. Owners are retiring.

Property Details

Price:
$3,420,000
MLS #:
S1474169
Status:
Active
Beds:
0
Baths:
0
Address:
148 State Route 28
Type:
Commercial
Subtype:
Business
City:
Inlet
Listed Date:
May 27, 2023
State:
NY
Finished Sq Ft:
4,442
ZIP:
13360
Lot Size:
4 acres
Year Built:
1904
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148 State Route 28
Inlet, NY

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Schools

School District:
Inlet

Interior

Flooring
Carpet, Hardwood, Varies
Heating
Oil, Forced Air

Exterior

Parking Features
Driveway, On Site
Roof
Metal

Financial

Buyer Agent Compensation
2%
Net Operating Income
$-30,728
Taxes
$30,728

Map

Community

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